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Showing 181 - 190 of 1259 results for "Takeover"

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... the two entities, as speculation grows Perpetual is attempting to renege. Yesterday, Perpetual dismissed an improved takeover offer from Regal Partners and a subsidiary of the BPEA Private Equity Fund VIII. Regal Partners said the rejection came without ...

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
Perpetual has rejected a second unsolicited takeover bid by the consortium led by Regal Partners. Regal Partners and BPEA Private Equity Fund VIII subsidiary Morello Pte. provided an improved proposal to acquire 100% of Perpetual for $33 a share last ...

GSFM strengthens distribution capabilities

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... business for Australia and New Zealand at BMO Global Asset Management. He vacated the role in July this year following BMO's takeover by Columbia Threadneedle Investments. He has also previously held roles with AQR Capital Management, van Eyk Research ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
Perpetual has rejected an unsolicited takeover proposal from Regal Partners and BPEA Private Equity Fund VIII. According to an ASX announcement, the non-binding indicative proposal was to acquire 100% of Perpetual at $30 a share. Perpetual said the ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... of control transaction. ClearView said several parties took part in a due diligence process with the view to submit a takeover proposal. However, the ClearView board has determined that it didn't receive any proposals as part of the strategic review ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... role as an authorised corporate director to the LF Woodford Equity Income Fund. While the FCA approved Dye & Durham's takeover of Link, this acquisition was subject to a requirement that the funds were made available to meet any shortfall to cover the ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... Perpetual's first quarter business update, it said that progress has been made across the key conditions to the Pendal Group takeover, including client consents and regulatory approvals. Perpetual chief executive and managing director Rob Adams said ...

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... business should it not eventuate. Recently, the UK's Financial Conduct Authority (FCA) approved Dye & Durham's takeover of Link Group. However, this was subject to a condition that Dye & Durham committed to making funds available to meet any ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
The UK's Financial Conduct Authority (FCA) has approved Dye & Durham's takeover of Link Group, but the acquisition may be hindered by potential redress payments of more than $500 million over Link's involvement with the LF Woodford Equity Income Fund. ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... interest, tax, depreciation and amortisation was "significantly higher than the acquisition price resulting from the takeover bid" Veolia made in May last year. Veolia chief executive Estelle Brachlianoff says she is "very satisfied" with the transaction. ...