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Showing 1381 - 1390 of 2742 results for "Shareholders"

Peter Hall hands over remaining Hunter Hall shares

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... has now revised its cash offer to $2.60 per share. Hunter Hall's independent directors have recommended remaining shareholders reject the cash offer, on the basis that an independent expert has estimated the fair value of Hunter Hall shares to be between ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... questioned this in an ASX announcement, saying it was "unclear whether the $1.40 per share will be available for all Tower shareholders." He added: "We would expect all shareholders to benefit equally from a sale and will be asking Suncorp to advise ...

Prospectus lodged for ethically screened LIC

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
... invest $5 million in the IPO. LIC pioneer Geoff Wilson will also invest $1.1 million and will be introducing MEC to shareholders in the Wilson Asset Management LIC stable. In a white paper titled 'Can socially responsible investing and good returns coexist? ...

Soul Pattinson pockets Hunter Hall via Pengana merger

ALEX BURKE  |  FRIDAY, 10 MAR 2017
... Hall will acquire all of the shares in Pengana in return for 74.1 million Hunter Hall shares being issued to Pengana shareholders. Following this, Hunter Hall shareholders will own roughly 27% of the merged entity and Pengana shareholders will own 73% ...

Hunter Hall LIC board prepares for April fight

ALEX BURKE  |  WEDNESDAY, 8 MAR 2017
The future of Hunter Hall Global Value's current board is in doubt ahead of the April EGM where shareholders will vote on Wilson Asset Management's proposal to replace them. From HHV chair Paul Jensen's perspective, though, WAM's proposal is unlikely ...

Merger creates active management behemoth

ALEX BURKE  |  TUESDAY, 7 MAR 2017
... Standard Life and Aberdeen Asset Management have agreed to the terms of the merger, whereby Aberdeen and Standard Life shareholders will own roughly 33.3% and 66.7% respectively of the new entity, which will also be rebranded to represent the current ...

Pricing error shaves $2.2m off Australian Ethical profit

ALEX BURKE  |  TUESDAY, 28 FEB 2017
... occurred," Australian Ethical said. In order to prevent similar errors in the future, Australian Ethical also said shareholders should expect an increase in staff expenses as part of increasing resources in operational, risk and compliance roles. Taking ...

NAB hires former NSW premier

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
... bank. The appointments will "help accelerate the execution our strategy so we can deliver for our customers and our shareholders," Thorburn said. After an extensive global search, all the roles on the NAB executive leadership team are now filled, he ...

ANZ appoints culture executive

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
... keys to unlocking ANZ's ability to rapidly adapt and to deliver a winning position in the eyes of our customers, shareholders and the community. Kathryn's leadership skills and her experience in driving organisational change make her uniquely suited ...

A good set of numbers (almost)

BENJAMIN ONG  |  TUESDAY, 28 FEB 2017
... Australian companies' improving fortunes are not trickling down to their workers... they're flowing through to their shareholders instead. Commsec reports that out of the 135 companies that have reported profit results last week, 89% are paying dividends ...