Smart Group (SIQ) loses major contract, downgrades
SIQ -10.91%: A poor day for the novated leasing and salary packaging business, missing out on renewing the contract for one of their top 20 clients.
SIQ +7.44%: the salary packaging & novated leasing company has got one over a rival today, picking up the South Australian Government contract off the incumbent McMillian Shakespeare (MMS).
Read MoreSIQ -10.91%: A poor day for the novated leasing and salary packaging business, missing out on renewing the contract for one of their top 20 clients.
SIQ -10.6%: The bid for the leasing + salary packaging business was essentially pulled today, with the private equity consortium reducing the bid price from $10.35 to $9.25 forcing SIQ’s board to walk away.
SIQ +18.07%: the salary packaging and fleet services business copped a takeover bid from private equity group TPG today.
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