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Showing 191 - 200 of 543 results for "IPO"

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... recently updated investors regarding the initial public offering for WAM Global, saying interest "remains strong" and the IPO has now exceeded $330 million. WAM Global will now accept oversubscriptions of up to $220 million until June 8. WAM Global will ...

Robeco wins two mandates worth $500m

ALEX BURKE  |  MONDAY, 28 MAY 2018
Robeco was awarded mandates, collectively representing $500 million, by two financial institutions in Australia and New Zealand. While the institutions haven't been named, both made investments in Robeco's fundamental global credits strategy. ...

Argo chairman retires

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... inaugural chair of the listed investment company, leading it through an initial public offering, which at the time was the largest IPO of its kind for a LIC. Appointed as his successor in both chairmanships is Russell Higgins, who has served as an Argo ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... deferred settlement trading period." The third proposal would allow naked short sales in connection with initial public offering (IPO) sell-downs made through a special purpose vehicle (where existing shareholders of a company sell their shares through ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... proceeds of the sale would be distributed to shareholders. The remaining 25% would be sold to institutional investors via an IPO. NAB later posted a $1.7 billion net loss from the Clydesdale IPO, which it attributed to "discontinued operations losses," ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... they're quite small. "But, once we divest it - and we intend to divest it by way of public market, so either a demerger and IPO, or maybe a trade sale - I think it will be a very significant business." Back in 2015, Financial Standard spoke to Forte ...

NAB to sell MLC

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
... wealth offering," including JBWere. NAB said it was targeting separation by the end of 2019 calendar year via a demerger or IPO. The bank also said it would maintain flexibility to consider trade sale options.

What makes a tech company attractive for HNW investors?

KANIKA SOOD  |  MONDAY, 30 APR 2018
... years to an average of about 11 years. This means technology companies are often no longer 'pre-revenue' when they drop an IPO, but bona fide businesses whose valuations may have climbed up already. Subsequent VC funding rounds before IPO still present ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...

CFSGAM prepares IPO, names board candidates

DARREN SNYDER  |  TUESDAY, 17 APR 2018
... this afternoon it had completed the review of its global investment management business and determined it would pursue an IPO - a move which was flagged in September 2017. "In making our assessment, we examined long-term Commonwealth Bank shareholder ...