Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 2011 results for "BID"

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... offer represents a 133% premium to Selfwealth's 12 cent closing price the day before Bell Financial Group made its initial bid on November 13 last year. Bell raised its proposal to 25 cents per share later that month; the approved offer is a 27% premium ...

Insignia gives PE firms more time to devise deal

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025
Bain Capital and CC Capital Partners have been granted more time to thumb through Insignia Financial's books. Insignia Financial has extended the exclusivity deeds it signed with Bain Capital and CC Capital Partners in early March by four weeks. It ...

ANSC's Australian Food & Agriculture takeover tanks

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
Agriculture & Natural Solutions Acquisition Corporation's (ANSC) bid to acquire the Bell family and Alastair Provan-owned Australian Food & Agriculture Company (AFA) for $780 million fell through. Nasdaq-listed ANSC, a special purpose acquisition company ...

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
After a stretch that's favoured equities, particularly passive strategies, which hasn't bode well for active management or diversified portfolios, the tide is beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... discontinue recovery action, or provide other types of relief for tax liabilities incurred because of financial abuse. In a bid to hold perpetrators to account, the ATO will also review its existing powers to reallocate liabilities to perpetrators and ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers will boost the Help to Buy scheme and revive the drooping housing construction sector in a bid to build more homes faster and tackle housing unaffordability. As part of the Federal Budget, Chalmers is expanding the Help to Buy ...

Iress enhances US equity market data feed with Cboe

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... quotes and trade data from Cboe's US equity exchanges. On average, the feed quotes are within 1% away from the National Best Bid and Offer (NBBO) up to 97.26%. Cboe global head of data vantage Adam Inzirllo said the firm is seeing growing demand for ...

BlackRock rebalance sparks record-high ETF trades on ASX

KARREN VERGARA  |  THURSDAY, 20 MAR 2025
... market makers are drawn into the market because they see opportunities for trading. That increases competition and tightens the bid-offer spreads," he said. The same can't be said in the unlisted fund space. "In this market, there are no market makers ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... found. The survey of 26 asset managers from Asia, the UK, US and Europe expressed their growing interest in tokenisation in a bid to cut costs in the Decoding the Economics of Tokenisation paper. Adopting digital ledger technology (DLT) would lead to ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
Insignia Financial has received two separate revised non-binding and indicative proposals from CC Capital Partners and Bain Capital. The bids were both increased to $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and an 8.7% ...