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Showing 151 - 160 of 1259 results for "Takeover"

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review potential takeover bids, saying the PAC board has determined the review of strategic transactions to sell the entire business has not ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Magellan Financial Group played down the risk of the company collapsing and admitted that the fund manager is an attractive takeover target as he faced tough questions at today's annual general meeting. Andrew Formica tried to appease shareholders' ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... multi-boutique asset manager Pacific Current Group (PAC). In pursuit of the deal, GQG has acknowledged the strategic value of a takeover of PAC and remains committed to considering alternative transaction structures to broker an alliance. However, they're ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
Both parties have confirmed they're in discussions regarding a potential takeover of PM Capital by Regal Partners. It was clarified that the transaction discussions pertain solely to PM Capital and do not involve PM Capital Global Opportunities ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... in late September flagged that it would accept. Diverger's major shareholder HUB24 also gave the green light for the takeover. The indicative proposal implies a $56 million equity value for Diverger and represents a 32% premium to the current share price ...

Former AMP Capital executive takes over at Selfwealth

CASSANDRA BALDINI  |  THURSDAY, 19 OCT 2023
... executive, set to assume the role next week. The news of Keary joining comes just days after the trading platform rejected a takeover bid from rival Stake. Stake was offering 17.5 cents per share, which Selfwealth said on Monday does not offer appropriate ...

Selfwealth ditches Stake takeover bid

KARREN VERGARA  |  MONDAY, 16 OCT 2023
Selfwealth has rejected a takeover proposal from competitor trading platform Stake and its offer of 17.5c per share. The ASX-listed trading platform said that after careful assessment, "Stake's incomplete and conditional proposal did not offer appropriate ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... Diverger with about 31.5%, issued a statement of support for the deal. Diverger's board is also in favour of the takeover. Diverger has about 200 advisers and $12 billion in FUMA. Last financial year, it generated net revenues of $37.6 million and ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... passports are compromised. It can lead to identity thefts, which can manifest in different ways, like financial loss, and takeover of the account," he explained. There is also an adverse impact on the experience itself. "If you look at some of the compromised ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... day and the GBP/CHF exchange rate, the group said. The investor group is not looking to compete with Liontrust's 100% takeover offer, but instead increase its existing stake. "The group considers that Liontrust's offer not only grossly undervalues ...