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Showing 111 - 120 of 1259 results for "Takeover"

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Platinum Asset Management has rejected alternatives investment manager Regal Partners' takeover bid. Platinum's board unanimously decided that Regal's offer undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... used to assess impairment, the current value of intangible assets was impaired by $2.5m," Sequoia said. Kruger said the takeover of Informed Investor will enable Powerhouse to expand into potential funds management and advisory activities. Informed Investor ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... following the announcement. Morningstar equity analyst Shaun Ler said the proposed acquisition appears reasonable, with a 14% takeover premium to its fair value and the last close price. "Platinum shareholders are offered 0.274 Regal shares for each ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... cyclical, we highlight the current disparity between public and private valuations and anticipate the continued prominence of takeover activity moving forward," he said. "Until public market valuations align more closely with fundamentals, there is a ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... driven by a property devaluation of $30.8 million. It made a $979 profit in the prior corresponding period. AOF has dodged takeover attempts over the last few years. Aliro Group withdrew in 2022, while Starwood Capital Group was unsuccessful in its bid ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... continues to improve, benefiting from strong demand and limited medium-term supply." Last November, Dexus finalised its takeover of Collimate Capital's (previously AMP Capital) real estate and domestic infrastructure equity businesses. Consequently ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
Major acquisitions, including the takeover of Millennium3, helped WT Financial Group (WTL) boost performance in the 2024 financial year. Releasing preliminary results this morning, WTL founder and managing director Keith Cullen said revenue for the ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... skyrocket over the period include Aikya, which grew its FUM from $1.5 billion to $7.6 billion. Fresh from announcing its takeover of Maple-Brown Abbott in July 2024, Antipodes also acquired Premium Asia Funds Management and took on three Asia-focused ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... the latter is "weighing an acquisition of Eildon" yet there is "no certainty Trilogy's interest would result in a takeover approach being made." "Eildon and Trilogy are not in negotiations for the sale of all of the group's assets, nor a sale ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... the latter is "weighing an acquisition of Eildon" yet there is "no certainty Trilogy's interest would result in a takeover approach being made." "However, at this stage, discussions between Eildon and Trilogy are incomplete and Trilogy is continuing ...