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Showing 201 - 210 of 1259 results for "Takeover"

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

Perennial expands private markets offering

JAMIE WILLIAMSON  |  WEDNESDAY, 9 MAR 2022
... five years, the manager has invested in over 80 private companies, a third of which have transitioned to IPO or private takeover. Commenting on the motivation for the new fund, portfolio manager Ryan Sohn said the Perennial team is seeing a rapidly increasing ...

AGL rejects another takeover bid

KARREN VERGARA  |  MONDAY, 7 MAR 2022
AGL Energy has rejected another takeover bid offer made by the consortium led by Atlassian's Mike Cannon-Brookes. The $8.25 per share offer "is still well below both the fair value" of the company, the AGL board told the ASX this morning. Cannon-Brookes ...

Cannon-Brookes invests in renewables transition

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
... energy networks and reducing the carbon intensity of the economy is a key focus of the strategy. AGL recently rejected a takeover bid from Cannon-Brookes and Brookfield, saying that the $7.50 offer price undervalued the company. Cannon-Brookes said he ...

HUB24 completes Class acquisition

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... HUB24's acquisition of self-managed super fund technology provider Class has finalised. The platform announced the takeover in October 2021 and folded the technology firm into a new business unit this month. The acquisition saw Class chief executive ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

Class chief exits following takeover

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... well positioned for further growth and development under HUB24. The Supreme Court of New South Wales approved HUB24's takeover of Class via a scheme of arrangement on February 4. HUB24 initially offered 10 cents per share to acquire Class but increased ...

Charter Hall, PGGM make moves on Irongate

CHLOE WALKER  |  TUESDAY, 1 FEB 2022
Irongate Group has received a $1.29 billion takeover bid from a partnership managed by Charter Hall Group, topping a rejected offer by 360 Capital. The partnership, comprising Dutch pension fund PGGM and Charter Hall, made a bid of A$1.90 per share ...

VGI chief executive resigns amid takeover

KARREN VERGARA  |  MONDAY, 31 JAN 2022
The chief executive of VGI Partners will step down as Regal Funds Management prepares to take over the $2.5 billion asset manager. Jonathan Howie resigned less than a year after he was appointed chief executive. This morning, VGI announced that it entered ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
WAM Capital has upped its takeover bid for PM Capital's Asian equities strategy, which the latter flags it will accept. WAM said the $1.149 per share offer for every PM Capital Asian Opportunities Fund (PAF) share is "compelling" and represents a 3.5% ...