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NIQ's Nielsen Connect Australia Launches Takeover Bid for The U Group

NIQ's Nielsen Connect Australia Launches Takeover Bid for The U Group

MT newswireMT newswire2026/09/22 11:28
07:28 AM EDT, 09/22/2026 (MT Newswires) -- NIQ Global Intelligence's (NIQ) subsidiary Nielsen Connect Australia launched an off-market offer for all outstanding shares of The U Group, an Australia-based company collecting consumer-consented purchase data, in a friendly takeover bid, NIQ said Tuesday. Financial details weren't provided. The U Group's board unanimously recommended that shareholders accept the offer, NIQ said. The offer is subject to 90% The U Group shareholder acceptance, NIQ added. Shares of NIQ were up more than 2% in pre-bell activity on Tuesday.
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