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Showing 141 - 150 of 1259 results for "Takeover"

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... proposed merger, real estate investment trust BWP will offer to acquire 100% of NPR's securities via an off-market takeover offer, comprising 0.40 units of the BWP trust per NPR security. Most of BWP's properties are large-format retail properties ...

Diverger shareholders welcome Count takeover

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
Diverger shareholders have given Count their seal of approval to acquire the company in a landslide voting result. An overwhelming 99.97% of shareholders voted in favour of Count taking over the company at yesterday's scheme meeting. In the lead up ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... was set up to assess the merits of the acquisition, has unanimously recommended that shareholders vote in favour the takeover. In reaching this conclusion the committee said that Byggfakta's business model is "robust", and it is operating in a resilient ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... he said. Last year, Geoff Lloyd joined Stake as chair, leaving MLC as chief executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such as Tiger Global and ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... premium based on Link's closing share price on December 15. Major financial firms have attempted but failed in their takeover of Link in recent years. Following a years' long courtship, Ontario-based Dye & Durham's bid to acquire Link for ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... currently Perpetual's largest shareholder, previously owned a 10% stake. In a possible attempt to move closer to another takeover bid, WHSP has also entered an equity collar agreement. A fixed-dollar value collar is a strategy where a company that may ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
... Markets division, including its Octopus Energy stake for $12.3 billion. Following this, EIG will propose an off-market takeover bid for Origin. Should the alternative transaction be executed, it's anticipated that Origin shareholders would receive ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... that the scheme is in the best interests of Diverger shareholders" and urges all shareholders to vote in favour of the takeover. HUB24, Diverger's largest shareholder with a 34.4% stake, together with Harvest Lane Asset Management (5.7%), and Kevin ...