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Showing 191 - 200 of 1259 results for "Takeover"

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
IFM Investor's Global Infrastructure Fund (IFM GIF) has ceased its discussions with Atlas Arteria after becoming a substantial shareholder in the toll road operator just last month. On June 8, IFM GIF and associates disclosed the acquisition of a combined ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... to maximise value for shareholders," a Link Group announcement said. Dye and Dunham initially tabled a $5.50 per share takeover offer to Link Group, but this was reduced to $4.30 per share earlier in July. In the proceeding days, this $4.30 per share ...

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
... voted in favour of at a May 2022 meeting. Having attained regulatory approval in both NSW and Victoria, the Blackstone takeover scheme is now dependent on regulatory approval in Western Australia and following this a final Federal Court hearing. Authority ...

IFM Investors becomes majority shareholder in Atlas Arteria

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
... pension fund members, such as nurses, teachers, construction workers and hospitality staff." IFM GIF is yet to make a takeover bid for Atlas Arteria but confirmed it would seek access to "certain limited company information, before deciding whether to ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
... accelerated to limit the worst impacts of climate change," HESTA said. "The proposed company would remain a potential takeover target, with the risk of private owners seeking to extend the life of emission-intensive assets." It said AGL has also failed ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

Datt Capital lashes board nominees

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... shareholders to vote against all proposed resolutions at the upcoming extraordinary general meeting, claiming they "equate to a takeover by stealth". Datt Capital, which owns close to 10% of Selfwealth, opposes the individuals nominated by requisitioning ...

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...

Citi appoints new chair, head of BCMA

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
Citi has named Tony Osmond as the chair, banking, capital markets and advisory (BCMA) for Australia and New Zealand. A new head of the unit has also been named. Osmond will be charged with providing advice to Citi clients on complex transactions and ...