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Showing 121 - 130 of 2015 results for "BID"

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 ...

CC Capital outbids Bain again, increases Insignia offer

JAMIE WILLIAMSON  |  FRIDAY, 17 JAN 2025
CC Capital Partners has topped the most recent bid by Bain Capital to acquire Insignia Financial, lobbing a fresh offer of $4.60 per share. Bain Capital first made a move for Insignia Financial in early December, making an offer of $4 per share that ...

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
Bell Financial Group (BFG) has said it expects to report an increase in full-year revenue and profit, ahead of its results announcement in February. The broker forecast that full-year revenues will rise 12% to $276 million (FY23: $247 million). It also ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... vie for Insignia Financial, matching CC Capital Partners' $4.30 per share offer. Insignia rejected Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" for shareholders. Shortly after, boutique ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... top performers for the year, delivering about 20% and 30% respectively. Platinum's board rejected Regal's takeover bid in late September. Last month, the two parties confirmed they have walked away from any potential deal. "Regal's growth-focused ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively weighing a bid, but said it was yet to receive any proposal from Brookfield. Should an offer be made, it would mark the third takeover offer ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... indicative proposal will result in a binding offer or that any transaction will eventuate," the board said. Bain Capital's bid was rejected on December 18. Insignia said the offer "does not adequately represent fair value for" its shareholders. Tanarra ...