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Showing 1381 - 1390 of 6905 results for "Shares"

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings for a $2.50 per share in cash minus a special dividend of 0.35 per share subject to approval. GBST provides ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... Management provides stockbroking and asset management services to clients. It runs multi-asset portfolios using direct Aussie shares, ETFs and managed funds. It is led by former Macquarie Group associate director Sam Robson, former Citigroup head is ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... agreement to acquire Colonial Limited for $800 million in cash to Colonial income security holders and issuing 351 million shares. The bank's rationale for the acquisition under Murray was that it would provide a strong platform for future revenue ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
... alongside other bespoke solutions. In doing so, they are able to serve a broad client base with differing needs." Praemium shares traded at 45.5 cents per share at publication time, dropping 10 cents or about 18% from Friday's closing price. This ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... cap after securing $15 million in commitments during its IPO. The offer was priced at 35 cents a share for 205 million shares. The 10-year-old platform has been privately owned by about 300 plus shareholders which includes institutions, high-net-worths ...

Financial product design and distribution law passes

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... arrangements. MySuper products, margin lending facilities, securities issued under an employee share scheme and fully-paid ordinary shares are exempt from the new regime. The Financial System Inquiry first recognised shortcomings of financial product ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... success in the future." IOOF confirmed all of Kelaher's unvested LTI performance rights will lapse and his STI deferred shares will remain subject to 'look-back'. Griffith said of the board's approach to leadership: "Succession planning ...

Alternative platform launches

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... which was implemented following the 1987 stock market crisis to give Australian investors individual ownership of their shares Despite the HIN's development, the wrap model still succeeded by offering investors the convenient packaging and reporting ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... conducted a review of trading in the banking sector on the date in question. ASIC said: "ASIC reviewed trading in the ordinary shares of banking sector, listed derivatives, unlisted (OTC) derivatives and short selling activity." "The trading review did ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... Investors and Industry Super Australia. InvestSMART data shows ISH has a substantial (5.86%) stake in EOS or 5.4 million shares. ISH said in a statement that defence technology industry is one of the most heavily regulated industries. "IFM Investors ...