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Showing 181 - 190 of 2727 results for "Shareholders"

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... Platinum's shares on issue would rise from approximately $582 million to $2.3 billion, based on current terms where L1 shareholders would own 75% of the merged entity. At a price of $0.57 per share, the transaction would imply a combined valuation of ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... uniquely positioned to execute on the investment strategy. "Opportunities like this allow us to deliver value for our shareholders as well as superior solutions for our highly valued Australian clients and begin to fulfil the promise we made to structure ...

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... considering merging with L1 Capital, confirming via the ASX it is discussing the possibility with the latter's shareholders. The announcement follows L1 Capital buying a substantial interest in Platinum, acquiring a 9.6% share from Platinum founder ...

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
FNZ employee shareholders are revolting against the global technology firm for allegedly diluting their ownership by US$4.5 billion with three capital raises in 12 months. A group of past and present FNZ employees are threatening a class action against ...

Datt Capital sets in motion Koonenberry Gold board spill

KARREN VERGARA  |  TUESDAY, 29 APR 2025
... package announced by Koonenberry on April 10, arguing the package represents an "egregious transfer of value from shareholders to the board," estimating a potential $5.4 million dilution to shareholder value, assuming a 20-cent share price. The package ...

ASX launches review into shareholder approvals

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... Lofthouse said pushback from institutional investors spurred the review. "We have heard from investors - many of them shareholders of James Hardie - that they want a greater voice for shareholders invested in ASX-listed companies, but we are also mindful ...

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
Selfwealth shareholders approved the investment platform's acquisition by Singaporean digital wealth manager Syfe Group's holding company Svava on Tuesday. Of those who voted, 99.7% were in favour of the proposed offer, which will see shareholders receive ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... indicative proposals to acquire Insignia Financial," he added. "We remain focused on ensuring the best outcome for shareholders from this process, while also continuing to deliver our strategic priorities to build the foundation for resilient and sustainable ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
AMP shareholders overwhelmingly approved the 2025 remuneration and chief executive Alexis George's long-term incentives after the company rejigged its remuneration framework. Shareholders voted in favour of adopting the remuneration report at 93.2% ...

Janus Henderson to take on $75bn fixed income portfolio

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... alignment for mutual growth, and intends to achieve mutually beneficial outcomes for policyholders, our clients, shareholders, and employees," Dibadj said. "This strategic partnership also supports the execution of Janus Henderson's client-led vision ...