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Showing 1131 - 1140 of 2737 results for "Shareholders"

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... shares, triggering a trade sale. The consortium will pay about $1.6 billion, depending on final acceptances by PEXA shareholders. To what extent Link's interest in PEXA will grow is also dependent on final acceptances, with up to a 44% stake possible. ...

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... fixed benchmark. Second, Pinnacle has also amended the initial fixed term to contract to five years, after which shareholders will be able to vote out the Alterum agreement on three months' notice. Lastly, Andrew Champion will not seek re-election ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... our customers over the long-term, and believe our service-led strategy remains the best way to create value for our shareholders."

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... billion in net profit - down 5.8% on the prior year. The group's cash earnings or net profit attributable to shareholders was $5.7 billion - down 14% on the prior corresponding period.

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... businesses and to create a simpler, better bank. The sale of CFSGAM to MUTB represents significant value for CBA shareholders and is a positive outcome for CFSGAM clients and employees," Comyn said. New wealth heads CBA has also appointed a new chief ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... role at Challenger. Wilson said he has enjoyed Stott's "passion for markets and focus on delivering returns for shareholders." "I look forward to continuing to work with Chris at board level and everyone at Wilson Asset Management wishes him well ...

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... explained that wealth protection customers will see no change to existing insurance policy terms or conditions. "For shareholders, the agreement with Resolution Life and our exit from wealth protection and mature delivers important strategic benefits. ...

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... further detail regarding WAM's proposal so that the board can consider that proposal and provide further details to shareholders in due course. BLA has received no communication from WAM. BLA will continue to update its shareholders in accordance with ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... consortium's $2.36 offer in the absence of a superior proposal and subject to an independent review of benefit to its shareholders. Healthscope is yet to receive communication from Ellerston on its intentions, the company said. "The Healthscope board ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... would be equivalent to a 30% tax increase for Australians who rely on the income from franking credits. Addressing shareholders, Argo chair Russell Higgins said the firm had taken several proactive steps to advocate on behalf of shareholders who are ...