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Navitas up 21% on $2bn takeover

Shares in Perth-based education services provider Navitas closed 21.8 per cent higher today after the company received an indicative takeover proposal from consortium that includes founder and director Rod Jones.

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Melbourne
I can understand why Navitas shares closed at 21.8 per cent higher yesterday after the company received an indicative takeover proposal because it depends on who the takeover consortium is. It makes a big difference. Progress through disruption can bring success.

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Students

16th-Phoenix Academy2,500
17th-Down to Earth Training & AssessingNFP
18th-NavitasNFP
19th↓Stanley College1,940
20th↑The Pivot InstituteNFP
50 tertiary education & training providers ranked by total number of students in WA

Share Transactions

08/10/18
$0 Bought
04/08/17
$21k Bought
11/05/17
$31k Bought
Total value as at the date of the transaction
Source: Morningstar

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