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| | | TAL Daiichi Life Australia, the Australian subsidiary of Japan's Daiichi Life Group, said it has submitted a non-binding indicative proposal to the board of Challenger with a takeover offer. The offer is for TAL to acquire the remaining 79.5% of ordinary ... |
| | | | Pacific Equity Partners (PEP) will acquire ASX-listed FleetPartners for around $1 billion, after a bidding war with Japan-based Orix and Sumitomo Corporation. Under the deal, SG Fleet Management - a mobility solutions provider owned and controlled by ... |
| | | | ASIC has banned yet another former financial adviser from MWL Financial Services, bringing its total adviser bans - according to public records - to 14. ASIC has banned Pardeep Singh from providing financial services for four years, after finding he ... |
| | | | Australia's life insurers continue to accept most claims, but total and permanent disability (TPD) and disability income insurance claims remain the main sources of disputes and delays, according to the latest data from APRA and ASIC. The Australian ... |
| | | | AustralianSuper has increased its investment in Perth Airport, snapping up two co-investors' stakes in the asset, now holding around 29.4% of interest. The super fund completed the acquisition of the combined 9.14% interest in Perth Airport from Australian ... |
| | | | Swedish private equity giant EQT AB Group will acquire ASX-listed Cleanaway Waste Management and take it private in a deal valuing the waste management giant at $9.3 billion. EQT will pay $3.095 in cash for each share, a premium of 32.1% to the closing ... |
| | | | Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders. Late September ... |
| | | | Euroz Hartleys Group has named a new chief executive, commencing October 26. Alan Logan will join Euroz Hartleys to lead the business, as both executive chair Andrew McKenzie and managing director Tim Bunney will transition to the capital markets business ... |
| | | | After a few sluggish years, the Chinese government has identified several growth areas to turn its economy around, relying upon innovation in those sectors, according to Matthews Asia. Speaking to Financial Standard, Matthews Asia portfolio manager ... |
| | | | MSCI is proposing to reclassify the MSCI Indonesia Indexes from Emerging Market to Standalone Market status. In its June classification review, MSCI found market participants had raised significant concerns regarding the investability of the Indonesian ... |
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