Today: 10 June 2026
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ASX:AUB 1 December 2025 - 2 December 2025

AUB Group (ASX:AUB) Plunges After $5.25bn Takeover Collapses – Is the Stock Now Undervalued?

AUB Group (ASX:AUB) Plunges After $5.25bn Takeover Collapses – Is the Stock Now Undervalued?

AUB Group shares plunged about 17–18% on Monday after private-equity bidders EQT and CVC withdrew a proposed A$45 per share takeover. The stock traded near A$31.30–31.35 on 2 December, recovering slightly from a close of A$30.63. AUB’s board maintains the business is worth A$45 a share and reaffirmed FY26 profit guidance. Most brokers still rate AUB a Buy, with price targets around A$40–43.

Stock Market Today

  • Cotton Futures Rebound on Wednesday After Tuesday Declines
    June 10, 2026, 11:08 AM EDT. Cotton futures regained ground early Wednesday, rising 23 to 71 points following steep losses of 143 to 231 points on Tuesday. The rebound coincided with a $2.60 drop in crude oil prices to $88.70 per barrel and a slight dip in the U.S. dollar index to 99.975. U.S. cotton crop progress remains on track with 77% planted and 53% rated good to excellent, up 4 percentage points from last year. Certified cotton stocks decreased by 4,137 bales to 261,648. The Cotlook A Index and Adjusted World Price continued to decline. Key cotton futures: July 2026 up 56 points to 71.26 cents/lb, December 2026 up 23 points to 75.3 cents/lb, and March 2027 up 71 points to 76.58 cents/lb.

Latest articles

Chewy Drops After Q1 Beat With Outlook Warning

Chewy Drops After Q1 Beat With Outlook Warning

10 June 2026
Chewy slashed its 2026 net sales outlook to $13.40–$13.55 billion, below prior guidance and analyst estimates, sending shares down 50 cents to $19.90 as investors reacted to weaker-than-expected second-quarter forecasts despite a 7.7% first-quarter sales jump and improved profitability.
Nu Holdings Stock Moves Higher, Investors Weigh $1 Billion Buyback Impact

Nu Holdings Stock Moves Higher, Investors Weigh $1 Billion Buyback Impact

10 June 2026
Nu Holdings stock rebounded 1.3% to $12.04 early Wednesday after a $1 billion buyback was authorized, but shares remain down 30.5% over six months as investors weigh the buyback’s support against rising credit costs, a CFO transition that triggered analyst downgrades, and a jump in non-performing loans to 5.0% last quarter.
Keel Infrastructure Inches Up After $458M Debt Deal Amid AI Pivot

Keel Infrastructure Inches Up After $458M Debt Deal Amid AI Pivot

10 June 2026
Keel Infrastructure jumped 0.83% to $5.47 after closing a $458 million convertible-note sale, up from an initial $350 million plan, with proceeds aimed at AI data-center growth and capped calls to limit dilution up to $11.86 per share, as investors weigh new capital against added debt and future share issuance.
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