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Showing 241 - 250 of 2731 results for "Shareholders"

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
... Bell Financial to progress a binding implementation deed, with the intention of unanimously recommending that its shareholders vote in favour of the proposal - in the absence of a superior proposal. "The board and management of SelfWealth view the BFG ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" for shareholders. Shortly after, boutique private investment firm CC Capital Partners came in with a $4.30 cash per share offer. Insignia had ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... wealth manager saying the board believed the proposed transaction didn't adequately represent fair value to its shareholders. Kicking off the New Year, Insignia then received another takeover offer on 3 January 2025 from New York-based CC Capital ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... Insignia's board said it is now considering the indicative proposal to assess whether it is in the best interests of shareholders to engage with CC Capital. "There is no certainty that the indicative proposal will result in a binding offer or that ...

Grant Hackett named chief executive of Generation Development Group

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
... is to drive "aspirational growth" by leveraging the group's innovative mindset and commitment to investors and shareholders. Generation Life general manager of sales, marketing, and operations Felipe Araujo, who's been with the investment bond ...

ISPT joins IFM: Names new leaders

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... forward a binding offer of transaction terms in August, which was endorsed by the ISPT board, and then approved by its shareholders earlier this month. IFM Investors confirmed there would be "no significant immediate changes" to day-to-day operations ...

PE firm acquires Mason Stevens

KARREN VERGARA  |  THURSDAY, 19 DEC 2024
... chief executive Tim Yule said the transaction will deliver significant value and benefits for clients, employees, and shareholders, taking the business to the next level. Mason Stevens Group was formed in 2012 when managed accounts provider Mason Stevens ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... the fundamental value of the company, the proposed transaction doesn't adequately represent fair value to its shareholders. The board therefore concluded that it's not in the best interests of Insignia shareholders to engage with Bain Capital ...

Australian Retirement Trust takes stake in Pattern Energy Group

MATTHEW WAI  |  WEDNESDAY, 18 DEC 2024
... achievements and created long lasting value for renewable power customers, local stakeholders, financing partners, and our shareholders through Pattern's several evolutions," Tsveig said.

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... and corporate trustees' businesses by Kohlberg Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the ...