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Showing 1101 - 1110 of 1613 results for "Recommended"

Sun setting on the Land of the Rising Sun

BENJAMIN ONG  |  TUESDAY, 14 AUG 2012

MySuper Bill could expose individual trustees to legal action

BEN COLLINS  |  MONDAY, 13 AUG 2012
... - which represents the interests of Australia's $450bn not-for-profit superannuation sector - said the submission recommended several amendments that have been endorsed by a number of other associations. The Government is now seeking legal advice; but ...

APA ups HDF offer

BEN COLLINS  |  FRIDAY, 10 AUG 2012
... Utilities Fund (HDF) security. On Thursday it increased it to $2.56. A board of independent directors had previously recommended that shareholders accept PPA's smaller, but all cash offer of $2.325 per HDF share - because there was "no certainty that ...

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
... least 60 cents cash, with the remainder of the $2.50 made up in securities. On 3 August the Hastings subcommittee recommended that shareholders accept the smaller Pipeline Partners all-cash offer of $2.325 per share, because "there is no certainty that ...

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
... Perth-based boutique wealth manager Plan B, if IOOF's proposed bid is successful. The Plan B board has unanimously recommended that shareholders accept the IOOF offer for 60 cents per ordinary share, in an off-market takeover that would see IOOF gain ...

HDF to engage with APA on bid

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
... on the all-cash $1.23bn offer from Pipeline Partners Australia - a Canadian/Australian consortium whose offer was recommended to investors by the Hastings board last week. In an announcement to the ASX this morning, Hastings said it will work with APA ...

Canadian pension fund to buy UK soccer centres

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
... acquiring Goals through its private equity arm, Teachers' Private Capital (TPC). The all-cash offer has been unanimously recommended to shareholders by the board, according to the pension fund, which said the deal requires the backing of investors holding ...

ACCC clears Hastings offer

BEN COLLINS  |  FRIDAY, 20 JUL 2012
... July it was reported that Pipeline Partners Australia had also made a $1.23bn for HDF, which the Hastings board has recommended that shareholders accept. Morningstar analyst Adrian Atkins told AAP that the bid from Pipeline Partners had been expected ...

Plan B board accepts IOOF offer

BEN COLLINS  |  MONDAY, 16 JUL 2012
The board of Perth-based Plan B Holdings Limited has recommended a $49.1 million takeover offer made by IOOF. IOOF had proposed to acquire 100% of the fully paid ordinary shares in Plan B, in an off-market takeover that would see it add $2.2bn in funds ...

Pipeline Partners makes HFM bid

BEN COLLINS  |  WEDNESDAY, 11 JUL 2012
... to a takeover offer from APA Group, which owns gas transmission and distribution assets, however HFML has already recommended that investors reject the APA bid. HDF's investments include gas transmission and distribution assets, water utilities, and ...