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

Search Results

Showing 101 - 110 of 1259 results for "Takeover"

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
Insignia Financial has confirmed it received a takeover bid from US private equity firm Bain Capital following months of speculation. Insignia confirmed to the ASX that Bain Capital lobbed a confidential, preliminary, non-binding, and indicative proposal ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
The Australian Taxation Office (ATO) is threatening to impose a massive tax bill on KKR's takeover of Perpetual's wealth management and corporate trust businesses, which has ballooned to more than $500 million. Perpetual said it has "strong ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... 26.94% in HPI securities. This stake grew by 8.38% from their initial interest of 18.56% as of September 9 when their takeover plans were announced. Charter Hall announced this morning that the deadline for the offer period again has moved. This has ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
The proposed takeover of SelfWealth heats up as AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... $17.2 billion fund manager said. Regal has eight alternatives funds management businesses. It is currently bidding to takeover Platinum Asset Management as both sign a confidentiality deed and undergo due diligence. This follows a rejection of Regal's ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... firms." GDG also confirmed it has completed the acquisition of the remaining interest in Lonsec on August 1, following its takeover earlier this year.

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Charter Hall and Hostplus have missed out on the acquisition of Hotel Property Investments (HPI) after the group rejected the "best and final" offer. Charter Hall and Hostplus increased their offer price to $3.85 per security in cash, up from the previous ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
The potential takeover of Platinum Asset Management is back on the cards as Regal Partners confirmed it signed a confidentiality deed and will shortly commence due diligence. This follows a rejection of Regal's bid late last month, where Platinum's ...

GSFM welcomes new chair

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
Following the retirement of its founder and executive chair Andrew McKinnon, GSFM has appointed his successor to its board. Robert Johanson has joined GFSM as the new chair, effective October 1. Commenting on the appointment, GSFM chief executive Damien ...