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Showing 131 - 140 of 2011 results for "BID"

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. Global online brokerage firm AxiCorp specialises ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Bell Financial Group (BFG) is proposing to acquire SelfWealth for $51 million in a deal which both parties find "compelling." BFG said in offering 22 cents for each SelfWealth security, shareholders of the trading platform "will benefit through increased ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... research used by institutional investors. The regulator said it is making changes to the bond and derivatives regime in a bid to balance the needs of market participants by offering them liquidity and operate the transparency of the markets in a better ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... member for Forde, Bert van Manen, yesterday introduced the Corporations Amendment (Streamlining Advice Process) Bill 2024 in a bid to reduce red tape for advisers, alleviate the hefty cost of producing an SoA for clients, and make advice more affordable. ...

AustralianSuper bids farewell to retirement chief

MATTHEW WAI  |  FRIDAY, 1 NOV 2024
AustralianSuper chief retirement officer Shawn Blackmore is setting off to establish his own venture after 17 years with the fund. Blackmore, also previously served as group executive of member experience and advice, and general manager operations ...

Charter Hall, Hostplus bid price for HPI reduces

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Charter Hall and Hostplus' bid price for Hotel Property Investments (HPI) has decreased while the offer period has been extended. The bid price went from $3.85 to $3.785 following an interim distribution being factored in. HPI's board said it ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... ($100bn) investment manager hired Melbourne-based Institutional Distribution Partners (IDP) to help it grow internationally and bid for local insto money. Singapore-based Richard Hooper, who is the head of Middle East, Africa, and Australia at Jupiter ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... Platinum Asset Management as both sign a confidentiality deed and undergo due diligence. This follows a rejection of Regal's bid where Platinum's board claimed the offer undervalued the company.