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Showing 221 - 230 of 1259 results for "Takeover"

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... proposed merger, WAM Capital announced its intentions of acquiring PAF, offering to pay $1.147 per unit. WAM's proposed takeover bid is subject to several conditions. WAM wants PAF's net tangible assets not to fall more than 5% and that the market ...

Macquarie Equities awards back-office mandate

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... since November 2020; it operates under the brands Bell Direct, Desktop Broker and Bell Potter Online. BFG completed its takeover of TPP in early 2019, paying about $36.9 million to acquire the remaining stake. TPP chief executive Arnie Selvarajah said ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid is subject to several conditions. WAM wants PAF's net tangible assets not to fall more than 5% and that the market ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
... and funds. Statutory loss of $18.8 million was led by $11.2 non-cash impairment of goodwill in E&P Wealth, its costs of takeover defence against 360 Capital and costs of the ASIC action against Dixon Advisory & Superannuation Services which is soon to ...

360 Capital winds up listed equities business

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... co-founder Alan Dixon's departure. Eventually, it built a 20.22% shareholding in the company but had to drop the takeover bid in April. It has since offloaded its EP1 stake, which it says, netted a profit of $9.1 million or an IRR of 54%.

Sydney Airport rejects AustralianSuper takeover

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
Sydney Airport has again rejected a takeover bid, with AustralianSuper now joining the consortium attempting to buy the airport. Sydney Airport today announced to the ASX that it has received a revised and non-binding proposal and concluded that it ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
EQT Fund Management increased its takeover bid for Iress and made allowances for an interim dividend for shareholders. EQT upped its bid from $15.75 per Iress share to $15.91 plus a dividend of 16 cents per share. In its two previous bids, EQT did not ...

Three join embattled AMP Capital fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
AMP Capital's Community Infrastructure Fund (CommIF), which has been fighting takeover bids and losing staff members, has made three key appointments. Odette Linnett has been appointed investment director, Carolyn van Leuven as senior advisor and Mathew ...

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
After swatting off three takeover bids, the AMP Capital Community Infrastructure Fund (CommIF) has increased its stake in Royal Adelaide Hospital. AMP Capital acquired an additional 9.95% in the Royal Adelaide Hospital on behalf of CommIF, taking its ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
An independent board committee rejected a takeover bid for AMP Capital's Community Infrastructure (CommIF) Fund. AMP Capital received proposals from Plenary Group, HRL Morrison and Co and Palisade to take over CommIF, but these have all now been rejected. ...