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Showing 171 - 180 of 1944 results for "Proposal"

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... has indicated that it is prepared to negotiate and sign a binding implementation deed in an expedited manner. The Axi proposal is not subject to due diligence or any financing conditions," the SelfWealth board told shareholders. "SelfWealth shareholders ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... operating revenue and $3.4 million in profit. SelfWealth chair Christine Christian said the board and management view the proposal as "compelling for SelfWealth's shareholders, team members, and clients." "It would deliver value to shareholders ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... framework as the company moves through the next phase of its turnaround program." At the AGM, shareholders also rejected the proposal to grant Peters deferred rights under the company's deferred remuneration plan. They did, however, approve the elections ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... better serve investor needs." In mid-September Platinum received an unsolicited confidential, non-binding, indicative proposal from Regal Partners under which shareholders would receive 0.274 Regal shares for each Platinum share. This is an implied value ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... (especially on personal income) tend to increase spending/capital expenditures and demand," Cunningham said. "Harris' proposal is to reduce taxes for Americans outside of the richest 1%, while Trump's plan is to extend or favourably modify his Tax Cuts ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... more homes." Research from ASFA has shown women have worse retirement outcomes than men and Delahunty said this latest proposal would only heighten that. "Women already retire, on average, with around 25% less super than men, with time taken out to care ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... President, Kamala Harris' policy proposals closely echo those of President Joe Biden in many ways. Indeed, the Harris proposal for a rise in the corporate tax rate from 21% to 28% featured in Biden's 2020 election campaign," he said. "This corporate ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
... said it has entered a mutual due diligence with Regal in the hope the latter will improve the value and terms of the proposal. Platinum also expects to assess the value of Regal share consideration and the costs and benefits of the transaction. The Platinum ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum has now considered the Regal proposal, including by obtaining advice from its financial and legal advisers, and has unanimously concluded that the current ...