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Showing 1581 - 1590 of 12383 results for "May"

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... dealing with cost-of-living pressures," the joint release explained. "International evidence suggests current merger rules may be too permissive, allowing some mergers that don't deliver benefits to consumers, workers and the wider economy." Additionally ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... investors expect positive returns in the coming year, according to Schroders' Global Investor Study 2023. Conducted between May 26 and July 31, the study surveyed over 23,950 investors worldwide, including 1000 Australians. Despite the challenging ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
It may be tougher for wholesale investors looking to the Australian Financial Complaints Authority to help resolve a dispute as the authority tightens its rules on how it assesses their complaints. AFCA will shortly update its operational guidelines ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... "strong interest" in Australian agriculture relative to super funds. Frontier's report suggested that global pension funds may not face the same "impediments" as superannuation funds in agricultural investment, finding the sector's return, risk, and ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... case, wealth management services." Earlier in the week, COG scrapped its bid for Diverger, citing concerns that shareholders may not support its $27 million offer. COG had intended to pay $1.4083 per share for the outstanding Diverger shares. Its proposal ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... good progress toward securing outside capital to manage." It said this was put on hold due to the transaction process but may be able to be pursued in 2024. "The PAC board remains committed to maximising value for all shareholders, including the consideration ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... convertible bond arbitrage. Magnetar's merger arbitrage strategy was established under the premise that this type of investing may offer excess returns that can be isolated based on certain M&A deal characteristics, including geography, market capitalisation ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... AMP shareholders and others who claim to have suffered loss or damage because of the misconduct and who acquired AMP shares May 2012 and 13 April 2018. The overall settlement approved is $110 million. Of this, $32,000 will each be provided back to the ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... Rosenzweig said. "Unpaid super not only affects employees' entitlements but it also raises other red flags that a business may not be viable. If you're an employer who is struggling to pay super, we recommend you reach out to us or your registered tax ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...