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Showing 221 - 230 of 1050 results for "A Share"

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 ...

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
With the complete divestment of its equity interest in Resolution Life, AMP has officially exited the life insurance business. AMP today divested its 19.13% holding in Resolution Life for $524 million. The sale of this holding completes AMP's exit ...

T. Rowe Price to acquire credit manager

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The US$1.61 trillion investment manager is set to take over alternative credit management firm Oak Hill Advisors (OHA). T. Rowe Price will pay US$4.2 billion for 100% of OHA with US$3.3 billion payable at closing, approximately 74% in cash and 26% in ...

GQG Partners celebrates IPO

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... an 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 75% ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... it lists next year. Both have led significant financial institutions and have the experience of bringing businesses to a share market listing." "Patrick has been a chief executive of one of Australia's largest financial services groups and led its ...

Fidante boutique launches flagship fund

KARREN VERGARA  |  MONDAY, 27 SEP 2021
A new Fidante Partners boutique has launched its flagship emerging markets fund. Ox Capital Management's Dynamic Emerging Markets Fund invests in undervalued companies from Asia ex-Japan and other emerging markets. It holds between 30 to 50 stocks ...

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
Australian Ethical is making a series of changes to its Advocacy investment option that will allow it to begin investing in alternatives and unlisted property. From October, the Advocacy option will essentially close and instead be known as the 'High ...