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Showing 111 - 120 of 2011 results for "BID"

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
Perpetual confirmed it has received a fresh bid from KKR for the acquisition of its wealth management and corporate trustees businesses, after the deal sat on the backburner for two months. Perpetual said it was considering the revised offer, but did ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... takeover bids for Keybridge but to no success. Keybridge chief executive Nicholas Bolton alleged WAM transferred the shares in a bid to control the company. In January 2021, the Supreme Court ruled against Keybridge and costs were awarded against the ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... of a scheme of arrangement for $4.60 cash per share or the potential alternative to acquire scrip in Brookfield's unlisted bid vehicle. The proposal represents the same price as the current proposals on the table from both CC Capital Partners - made ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Trading platform Syfe has upped Bell Financial Group's (BFG) bid for SelfWealth, offering 12% more at 28 cents per share. Syfe's parent company Svava has already acquired 43.4 million SelfWealth shares, representing 18.8% of shares on issue. ...

Insignia Financial appoints chief technology officer

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Insignia Financial has appointed a new chief technology officer, promoting from within. Damien O'Donnell has commenced in the role, replacing acting chief technology officer Frank Lombardo who was in the role for the past six months. O'Donnell brings ...

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
Binance Labs has transformed into a family office known as YZi Labs in a bid to expand its investment focus and step away from blockchain-focused investments. Binance Labs, which was the venture capital arm of major cryptocurrency exchange Binance ...

Depreciating Aussie dollar could prove opportunistic

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
Despite a turbulent reporting season ahead due to the depreciating Australian currency, Maple-Brown Abbott co-portfolio manager Matt Griffin has highlighted some of the sectors that stand to benefit. Over the last quarter the Australian dollar is down ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... wealth giant reports several achievements, including growth in its alternatives business. After CC Capital lobbed a revised bid of $4.60 per share for Insignia Financial last week, Bain Capital has now matched it in its own amended offer. As a result ...

Insignia grants CC Capital limited due diligence

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
Insignia Financial has granted CC Capital Partners a limited period of access for the provision of due diligence after it received a revised takeover offer last week. On January 17, Insignia received a revised non-binding and indicative proposal from ...