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Showing 151 - 160 of 2058 results for "BID"

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... uplift in value" received by PMC shareholders compared to the Platinum International Fund (ASX: PIXX) proposal - a separate bid in July from Platinum Investment Management to merge PMC with PIXX. Under that proposal, PMC shareholders would receive PIXX ...

Selfwealth to proceed with Svava proposal

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
... share to acquire the trading platform and was forced to up the offer several days later. Earlier this month, Svava made a bid for Selfwealth, offering 12% more than BFG. The Selfwealth board at the time told shareholders to "vote in favour of the Bell ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... proposal is a 12% premium to the cash consideration of the $0.25 offer from Bell Financial Group (BFG). Selfwealth received a bid from BFG late last year, offering 22 cents for each of the platform's security - BFG's latest offer has since increased ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... - a one cent increase to BFG's initial offer, but was ultimately edged out by BFG's offer. Earlier this month, Syfe laid a bid on the platform, upping BFG's offer by 12% at 28 cents per share, valued at $65 million. Notably, Syfe's parent company ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
After the Federal Court threw out BUSSQ's bid to overturn the regulator's additional licence conditions, the super fund is gearing up for another fight. APRA said the imposition of the additional licence conditions on BUSSQ are to safeguard ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... money put aside for transformation, adding that there were no surprises. Meanwhile, addressing speculation about a potential bid for the CFS wrap platform, George said AMP is "certainly not looking for anything at the moment," but noted that if assets ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
Perpetual confirmed it has received a fresh bid from KKR for the acquisition of its wealth management and corporate trustees businesses, after the deal sat on the backburner for two months. Perpetual said it was considering the revised offer, but did ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... takeover bids for Keybridge but to no success. Keybridge chief executive Nicholas Bolton alleged WAM transferred the shares in a bid to control the company. In January 2021, the Supreme Court ruled against Keybridge and costs were awarded against the ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... of a scheme of arrangement for $4.60 cash per share or the potential alternative to acquire scrip in Brookfield's unlisted bid vehicle. The proposal represents the same price as the current proposals on the table from both CC Capital Partners - made ...