Nov 25 (Reuters) - Australia's SG Fleet SGF.AX said on Monday it was in discussions with privately owned Pacific Equity Partners regarding a non-binding and indicative proposal for A$1.19 billion ($776.71 million).
($1 = 1.5321 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru; Editing by Lisa Shumaker)
((Sherin.Sunny@thomsonreuters.com;))
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