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Showing 1 - 10 of 2399 results for "Shareholders"

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... these assets. "The face value of the offer is above our expectations and represents a step toward a capital return to shareholders," he said. However, he added that uncertainties regarding transaction costs, separation expenses, and capital gains tax ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... accounting for the repayment of Perpetual's debt and other transaction-related costs, will be distributed to shareholders. The exact amount of these proceeds will be detailed during Perpetual's FY24 financial results announcement in August 2024. ...

Count upgrades synergy benefits after Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... we've identified so far will ensure we can continue to operate more efficiently, delivering better outcomes for our shareholders, member firms and clients." Humphrey praised the team from the new and combined Count business in achieving the outcome. ...

Plenary Group sells 49% stake to ADQ

KARREN VERGARA  |  MONDAY, 29 APR 2024
... that included the Zayed City Schools project. As part of the deal, ADQ will acquire shares from existing Plenary shareholders, including all those owned by Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ). CDPQ has invested more ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... to remove chief executive and managing director Garry Crole. Sequoia was earlier this month informed by a group of shareholders, that collectively hold at least 5% of the voting shares, of their plan to propose resolutions at a general meeting to remove ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... them and improve where we can, and then we will be well on the way to revitalising Platinum for our clients and our shareholders." The overhaul will come in two phases; the reset phase will take place over the next four months, while the growth phase ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... global equity income Ben Lofthouse said many companies use buybacks as a release valve to return excess capital to shareholders without setting expectations for dividends that might not be sustainable long term. "This is especially appropriate in cyclical ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... risk and opportunities over the short, medium and long term, in the best financial interests of the entity and its shareholders." Longo said ASIC will develop and issue regulatory guidance on climate-related financial disclosures that will include a ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... banking offering in a bid to address funding constraints and diversify the revenue and customer base. At the AGM, shareholders approved adopting the remuneration report, as well as AMP chief executive Alexis George's long-term incentive for 2024. ...
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