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Showing 91 - 100 of 1259 results for "Takeover"

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... said. The $4.30 per share offer is a 40% premium to Insignia's share price prior to Bain Capital instigating the takeover talks on December 12. Morningstar equity analyst Shaun Ler said CC Capital's bid "vindicates our view that Insignia was ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... its top performers for the year, delivering about 20% and 30% respectively. Platinum's board rejected Regal's takeover bid in late September. Last month, the two parties confirmed they have walked away from any potential deal. "Regal's growth-focused ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Insignia Financial has denied that it has received a takeover offer from global investment giant Brookfield Asset Management, in response to media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... acquired Merricks Capita l for $235 million and gained a stake in Argyle Group. Regal called it quits on its attempted takeover of Platinum Asset Management in early December. Separately, Magellan Financial Group's FUM dipped to $38.6 billion from ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
... Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. This is still subject to the ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
After slamming the takeover offer from Hostplus and Charter Hall for several weeks, Hotel Property Investments (HPI) is now asking unitholders to accept the $3.785 per share bid. HPI's about-face announced last Friday is based on two recent developments. ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... Financial overhauls operating model, executive team (July 11) Just a day after denying it had engaged Citi to consider takeover offers, Insignia Financial overhauled its entire operating model and executive lineup. As part of the changes Insignia Financial ...

January Capital raises $136m for APAC growth credit fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... Go1 in their formative stages through to their late stages." The announcement follows Scarcity Partners' minority stake takeover of January Capital earlier this month.

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
Insignia Financial has rejected the takeover proposal put forward by Bain Capital last week. In an ASX announcement, the wealth manager said its board believes that, based on its view of the fundamental value of the company, the proposed transaction ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
The proposed acquisition of Perpetual's wealth management and corporate trustees' businesses by Kohlberg Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk ...