BUZZ-Australia's Platinum Asset Management at record low on takeover collapse

Reuters

2024/12/09

** Platinum Asset Management PTM.AX falls as much as 19.1% to record low of A$0.845

** Co says fund-manager Regal Partners RPL.AX no longer considering its takeover amid expectations of a revision to Sept. 26's offer

** Announces special fully-franked dividend of 20 AU cents

** About 4.4 million shares traded, more than 4x the 30-day avg

** Stock down 21.4% this year, as of last close

(Reporting by Nichiket Sunil in Bengaluru)

((Reuters.Briefs@thomsonreuters.com))

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