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Showing 171 - 180 of 2058 results for "BID"

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... top performers for the year, delivering about 20% and 30% respectively. Platinum's board rejected Regal's takeover bid in late September. Last month, the two parties confirmed they have walked away from any potential deal. "Regal's growth-focused ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively weighing a bid, but said it was yet to receive any proposal from Brookfield. Should an offer be made, it would mark the third takeover offer ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... indicative proposal will result in a binding offer or that any transaction will eventuate," the board said. Bain Capital's bid was rejected on December 18. Insignia said the offer "does not adequately represent fair value for" its shareholders. Tanarra ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... Charter Hall for several weeks, Hotel Property Investments (HPI) is now asking unitholders to accept the $3.785 per share bid. HPI's about-face announced last Friday is based on two recent developments. The first being the bidders gaining a substantial ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... superannuation (Master Trust), wrap platform and advice. Insignia has stuck to avoiding takeover offers, having rejected a $2 billion bid from Bain Capital just this month. AustralianSuper takes monster hit on Pluralsight (August 27) AustralianSuper ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
Insignia Financial has confirmed it received a takeover bid from US private equity firm Bain Capital following months of speculation. Insignia confirmed to the ASX that Bain Capital lobbed a confidential, preliminary, non-binding, and indicative proposal ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... Management. It comes as the latter confirms its first deal under the new Platinum Partner Series initiative. In late September, a bid from Regal was rejected by Platinum's board before, on October 4, Platinum granted Regal a non-exclusive due diligence ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. Global online brokerage firm AxiCorp specialises ...