Coates spurns sweetened A$1.58bn bid from Carlyle, National Hire

  • 07 Sep 2007
Coates, Australia’s biggest equipment hire firm, has rejected a sweetened A$1.58bn offer from Carlyle Group and smaller rental rival National Hire, EuroWeek understands.

The group made the increased offer on Wednesday after Coates rejected all takeover offers last week as being "too low".

The firm described the new ...

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