G8 Education shares soar 260% after private equity bid amid sector turmoil
G8 Education shares surged over 260 percent on Thursday following a private equity offer, despite previous lows of 10 cents. “As a not-for-profit we must make careful decisions about where we invest,” said a Goodstart spokesperson. The childcare sector faces turmoil, with 58 centres collapsing in under four months, surpassing last year's total failures.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 15 Nov 2026, 01:40 UTC · Updated 15 Nov 2026, 01:50 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
Trending
- Melbourne art teacher Alice Krause apologizes after racist car park outburst
- Pino, the autonomous kiwi, demonstrates AI's human-like curiosity and creativity
- Advance Metals, Sky Metals launch $6M IPO for new gold company
- Opera Queensland's Into the Woods opened at Glasshouse Theatre with standout cast
- Police raid $18 million Brighton mansion linked to bikie president Balsillie
- Police investigate break-in at Chris Hemsworth’s home; three vehicles stolen