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Showing 191 - 200 of 1027 results for "A Share"

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... share price of $9.90 in mid-November, the day before it received an acquisition proposal from Blackstone pitched at $12.50 a share. Crown chief executive Steve McCann described it as a "compelling offer". "The agreement with Blackstone also highlights ...

AustralianSuper to grow external mandates, hires

JAMIE WILLIAMSON  |  TUESDAY, 15 FEB 2022
The nation's largest superannuation fund plans to appoint more external managers, including looking to hand out its first mandates for Japanese and Indian markets specialists. It has also hired from Frontier and VFMC as it grows the team responsible ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... spin off the business, the estimated equity value would be between US$70 billion and US$100 billion, or US$45 to US$60 a share. "Pure-play managers have been more in vogue across global markets because they are easier to value and have attracted higher ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ...

Fidelity launches active ETF

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... access, and you can buy and sell units in the fund via your broker or licensed adviser in the same way you buy or sell a share on the ASX. The difference is that one trade gives you access to a diversified portfolio of shares actively managed by an investment ...

AustralianSuper sells to Dutch pension fund

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
The nation's largest super fund offloaded a share of its interest in Ausgrid to the Netherlands' dominant pension provider. AustralianSuper sold 16.8% of its interest in the electricity distributor to APG Asset Management, the investment manager of ...

GQG Partners launches income strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... oversubscribed initial public offering and with an implied value of nearly $6 billion. GQG's IPO offer price was $2 a share and its share price fell slightly after listing to $1.95. The fund manager's co-founders and team continue to own about ...

Link to provide due diligence information

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
The Link Group board has agreed to provide Carlyle Asia Partners with non-exclusive due diligence following its takeover offer. Link said it was appropriate to provide Carlyle Group with the due diligence information so it can develop a revised takeover ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... Zealand." NAB shareholders will receive a final dividend of 67 cents per share taking the full-year dividend to $1.27 a share The bank also capped its oil and gas exposure at $US2.4 billion and aims to reduce this from 2026 through to 2050. NAB said ...

Carlyle Group bids for Link

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Carlyle Asia Partners has made a takeover offer for 100% of Link Group, valuing it at $5.38 per share - a significant premium. Carlyle Group's offer is made up of $3 per share cash offer for Link Group and a pro rata distribution of Link Group's shareholding ...