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Showing 211 - 220 of 2013 results for "BID"

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
Restructuring in line with a new global strategy, Bravura Solutions (Bravura) has promoted Paul Dunn and Chris Spencer to regional chief executives. Dunn, who has spent five years at Bravura, will step into the role of APAC chief executive. With more ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... were "a logical extension" of the "legally correct case" it was now bringing. On October 25, the Federal Court rejected the bid, saying the fresh claims would place Mawhinney in "significantly greater jeopardy." ASIC must now pay all costs incurred by ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
AustralianSuper has savaged Brookfield and EIG's eleventh-hour bid to acquire Origin Energy, emphatically asserting its intention to oppose a "low-ball" offer for the ASX-listed generator and retailer. The consortiums revised proposal under the ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the insurer ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... transaction process and dissolve the IBC," PAC said. The process kicked off when it was revealed Regal Partners had lobbed a bid to buy PAC for $7.50 per share plus 2.2 GQG shares per PAC share, representing $3.62, back in March. It partnered with River ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... meaningful change and help our industry thrive." Separately, last week Praemium also partnered with fintech provider Complii in a bid to provide local capital markets participants with an expanded suite of services. As part of the partnership, Complii ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... The following year, a senate committee handed down an inquiry report into the SIT and urged ASIC to take more action in a "bid to protect consumers." "ASIC acknowledges the great distress, financial and emotional, the collapse of the Sterling Group and ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Pacific Current Group (PAC) confirmed it received a buyout offer from global fund manager GQG Partners (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... update shareholders and the market on further progress. The announcement comes after Regal Partners recently withdrew its bid to acquire Pacific Current Group, citing its disappointment in dealing with the fund manager. Despite dumping the deal, Regal ...