Redflex Traffic Systems Acquires SBL Investments/SmartBus for A$4.5m Plus

22nd May 2012. Redflex Traffic Systems Inc (ASX:RDF) has announced the acqusition of US-based SBL Investments, LLC and Americore Enterprises, LLC, leading providers of automated school bus arm photo enforcement in the United States. The transaction is valued at $4.5 million initially, with further payments over 4 years subject to meeting financial performance measures. This […]

Redflex Shareholders Reject Revised A$300m Bid From Macquarie and Carlyle

9th May 2011. At a Scheme Meeting of Redflex Holdings Limited (“Redflex”, ASX:RDF), held in Melbourne today, Redflex’s shareholders voted against the scheme of arrangement announced to ASX on 21 February 2011 under which an entity associated with The Carlyle Group and Macquarie Group Limited (“RoadSafety Holdings”) proposed to acquire all of the issued ordinary […]

Redflex Recommends A$300m Bid From Macquarie Bank and Carlyle Group

21 Feb 2011. Refdlex (ASX:RDF) has announced it has entered into a Scheme Implementation Agreement (“SIA”) with an entity associated with The Carlyle Group and Macquarie Group Limited for their acquisition of Redflex Holdings for A$2.70 cash per share, valuing Redflex’s total equity at approximately A$300 million. The offer has been unanimously recommended by the […]

Redlex receives A$275m Offer from Macquarie Capital

9th June 2010. ASX-listed traffic camera group Redflex Holdings said today it has received an indicative, non-binding and confidential proposal from a Macquarie Bank subsidiary, at around $2.50 per share, valuing the company at around $275 million. Redflex said no action should be taken until a binding offer is received. The board hasn’t formed a […]