Analysis
Navitas directors' crucial test
Jemima WhyteSenior reporter
Updated
Navitas' six independent directors are facing one of the sharemarket's biggest challenges: how best to respond to a $2 billion private equity offer backed by two of its largest shareholders which have ruled out supporting a competing bid.
But the board's response must not disadvantage other shareholders, according to one of the company's major investors, who says directors are paid to think and must adapt to change.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles