AUB Group (AUB AT) is to acquire 95.9% stake in PIHL for AUD 432mln and will conduct a AUD 400mln equity raising

AUB Group's acquisition of a 95.9% stake in PIHL for AUD 432 million significantly boosts its market position, indicating a strategic expansion into new sectors.

Newsquawk StaffPublished 26 Jan 2026, 23:33 UTCOn the live feed at 23:13 UTC — 1 more headline followed before this page went public

Newsquawk headlinesUTC

23:41

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: US President Trump announced to increase South Korean tariffs on autos, lumber, pharma, and all other reciprocal tariffs to 25% from 15%

23:14

Meta (META) is to test premium subscriptions on Instagram, Facebook and WhatsApp, according to TechCrunch

23:13

AUB Group (AUB AT) is to acquire 95.9% stake in PIHL for AUD 432mln and will conduct a AUD 400mln equity raising

23:02

[MARKET UPDATE] Muted reopen of futures trading with US index futures taking a breather after Monday's rebound, while ASX 200 (+0.7%) is buoyed on return from the extended weekend

22:55

South Korean Industry Ministry says Minister is to visit the US soon and meet with Commerce Secretary Lutnick

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

The accompanying AUD 400 million equity raise suggests the firm is leveraging this opportunity to strengthen its balance sheet, potentially impacting share price dynamics and investor sentiment. It's important to consider how this consolidation may influence competition and valuations in the broader market.

All markets · last 90 days

Recent headlines that moved markets

FX/9 Sept · 15:01 UTC

US Treasury Buyback: Treasury to buy back a maximum of USD 6bln in 10-20year Treasuries on Thursday (vs guidance for at least USD 4bln).

USD/JPY, after we published+0.4%

USD/JPY rose over 50 pips as DXY strengthened.

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.