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ASX:PEP 9 February 2026

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

Australian stocks snapped back sharply Monday, reversing course as investors rushed into names battered last week. The S&P/ASX 200 finished up 161.3 points, or 1.85%, closing at 8,870.1. The All Ordinaries tacked on 1.97%. “Just a remarkable rebound,” IG market analyst Tony Sycamore said to AAP.
Pepper Money shares surge after Challenger-led $1.16 billion takeover approach

Pepper Money shares surge after Challenger-led $1.16 billion takeover approach

Pepper Money disclosed it’s received a confidential, non-binding, and conditional buyout approach from Challenger and top shareholder Pepper Group, aiming to acquire all of the non-bank lender through a scheme of arrangement. The proposal values Pepper Money at $2.60 a share in cash, with the figure set to be adjusted for the company’s final 2025 dividend and any special payout. https://announcements.asx.com.au/asxpdf/20260209/pdf/06w2xl642f3455.pdf
9 February 2026
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