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Showing 1 - 10 of 2365 results for "Merger"

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security. This takes IFM's total share in Atlas Arteria to 39.6% ...

IFM raises Atlas Arteria's bid, urges shareholders to accept

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
IFM Investors has raised its bid for Atlas Arteria to its maximum consideration of $5.10 per security, calling it the best and final offer in the absence of a competitive offer. This values the toll road operator at around $7.4 billion, up from the ...

ACCC approves Magellan, Barrenjoey merger

KARREN VERGARA  |  MONDAY, 15 JUN 2026
The Australian Competition and Consumer Commission (ACCC) has greenlit the merger between Magellan Financial Group and Barrenjoey Capital Partners. The deal, which has an implied valuation of $1.6 billion, is expected to finalise in early July. The ...

L1 Group appoints finance chief

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... corporate advisory firm Leins Capital. Russell took over as L1 Group's chief executive from Jeff Peters, who steered the merger between L1 Capital and Platinum. On Stannard's departure, Russell said: "Andrew has made a significant contribution to both ...

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA  |  FRIDAY, 5 JUN 2026
Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million. The ASX-listed wealth firm said BMO made the confidential, non-binding and conditional proposal to ...

IFM bid undercuts Atlas Arteria value by $1bn: Independent expert

RIDDHIMA TALWANI  |  WEDNESDAY, 27 MAY 2026
Atlas Arteria's appointed independent expert Kroll has concluded the hostile takeover offer by IFM Investors is "neither fair nor reasonable". Kroll said the offer price for Atlas Arteria should be between $5.39 to $6.20 per security - valuing the global ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
TelstraSuper and Aware Super have successfully completed their merger, less than a year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI  |  WEDNESDAY, 6 MAY 2026
Atlas Arteria has recommended shareholders reject IFM's hostile takeover bid, calling it "too low, opportunistic and highly conditional". The toll road operator said each independent director will reject IFM's offer and told shareholders to simply ignore ...

IFM Investors makes $7bn bid for Atlas Arteria

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
IFM Investors has launched a hostile takeover bid for Atlas Arteria, valuing the toll road operator at around $7 billion. The bid was launched by Diamond Infraco 1, a wholly owned subsidiary of the IFM Global Infrastructure Fund, which already holds ...

Technical glitch hits Team Super investment switches

KARREN VERGARA  |  FRIDAY, 24 APR 2026
... holdings data, uploading documents, or making withdrawal requests. The super fund's app also went down. Team Super is the merger between Mine Super and TWUSUPER, which officially took hold in March 2025.
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