Sweden's EQT bids to buy Australia's AUB Group at a $3.41 billion valuation

Core Viewpoint - AUB Group has received a takeover offer from Swedish private equity firm EQT, valuing the company at A$5.25 billion (approximately $3.41 billion) [1] Company Summary - AUB Group is an insurance broking company that is currently the subject of a takeover bid [1] - The proposed deal represents a significant valuation for AUB Group, indicating strong interest from private equity in the insurance sector [1] Industry Summary - The interest from EQT highlights ongoing trends in the private equity market, particularly in the insurance broking industry [1] - The valuation of A$5.25 billion suggests a robust market environment for insurance-related businesses, attracting substantial investment [1]