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Showing 91 - 100 of 289 results for "Consortium"

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... month-on-month highlighting the strong cash-flow conversion of this investment." Link has been the takeover target of a consortium, led by Pacific Equity Partners and Carlyle Group. Link rejected the consortium's bid late last year, partly because ...

Macquarie backs medical drone testing

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
... the United Kingdom. AGS Airports, held by Ferrovial and the MIRA managed entity AGS Ventures Airports, is leading a consortium to develop and trial drones to transport essential medicines, blood, organs and other medical supplies throughout Scotland. ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... to take any action in relation to the SS&C proposal," Link said. On October 28, Link rejected the offer made by the consortium led by Pacific Equity Partners and Carlyle Group. The consortium had upped its bid from $5.20 per share to $5.40 via a scheme ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A Nasdaq-listed firm has one-upped the Pacific Equity Partners and Carlyle Group consortium bid to acquire Link Group. SS&C Technology Holdings is offering $5.65 per share to acquire 100% of Link via a scheme of arrangement. Link shares closed at $4.96 ...

Cbus expands clean-energy holdings

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Cbus has completed the acquisition of a renewable energy asset with the help of a consortium. The partnership with Capital Dynamics and other investors acquired a direct undisclosed interest in two solar photovoltaic (the process of converting light ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
A consortium of investors including a $116 billion Canadian pension fund has appointed financial advisers to participate in the upcoming sale of Optus towers. Symphony Consortium, consisting of the Ontario Municipal Employees Retirement System (OMERS) ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... 70% stake in its business for $115 million. IOOF announced the completion of the sale and confirmed the buyer was a consortium of investors led by current Ord Minnett executives. IOOF announced it was divesting its stake in Ord Minnett back in June last ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
Link Group has rejected another offer made by the consortium which increased its bid to $5.40. The consortium led by Pacific Equity Partners and Carlyle Group increased its offer price on October 26. After careful consideration, Link rejected the offer ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
The Carlyle Group will acquire a majority stake in Calastone, while also announcing it has increased its offer price for Link Group. Carlyle did not disclose the financial terms of its ownership in Calastone but mentioned that it acquired the stake ...