What is the core reason KKR joined the buyout consortium for Steadfast Group Limited (ASX:SDF)?

KKR joined the consortium as a co-lead investment partner specifically to target the retail brokerage business of Steadfast Group (ASX:SDF).

What is the financial layout of the non-binding buyout proposal for Steadfast Group Limited (ASX:SDF)?

The expanded consortium has proposed a non-binding indicative acquisition price of $6.00 in cash per share for 100% of the outstanding share capital of Steadfast Group (ASX:SDF).

How did the stock market react to the Steadfast Group Limited (ASX:SDF) transaction update?

Following the announcement of KKR joining the buyout consortium, the Steadfast Group (ASX:SDF) share price increased to trade at $5.26.

What are the pipeline timelines for the Steadfast Group Limited (ASX:SDF) scheme of arrangement?

Amwins Group, Inc. and Dragoneer Investment Group confirmed that KKR joining the consortium will not impact the current transaction timetable being worked toward with Steadfast Group (ASX:SDF).

What does the current proposal mean for the global market scale of Steadfast Group (ASX:SDF)?

The transaction targets an enterprise that operates international insurance networks placing approximately $25 billion in gross written premiums annually.

Insurance

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Steadfast takeover bid advances at $6 per share

Written by Brie CarterPublished Jul 14, 2026, 3:28 AM

KKR has joined the buyout consortium targeting Australian insurance broker Steadfast.
The Steadfast share price increased following the update to trade at $5.26.
The newly expanded consortium aims to acquire 100% of the company's outstanding share capital.

Steadfast Group (ASX:SDF) announced that global firm KKR (NYSE:KKR) joined a non-binding $6 cash per share buyout proposal.

The company stated that KKR joined the existing consortium as a co-lead partner for its retail brokerage business.

The consortium confirmed that KKR's participation will not alter the timetable or serve as a binding contract condition.

Following the announcement, the Steadfast Group share price was up at $5.26.

The board noted that there is no certainty that the current proposal will result in a completed transaction.

The firm operates international insurance networks that place approximately $25 billion in gross written premiums annually.

Steadfast takeover bid advances at $6 per share

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