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Showing 251 - 260 of 2735 results for "Shareholders"

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 ...

ISPT joins IFM Investors

ANDREW MCKEAN  |  MONDAY, 16 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 ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... dividends. Insignia said it "is considering the indicative proposal to assess whether it is in the best interests of shareholders to engage with Bain Capital". Insignia has about $2.4 billion in market capitalisation. Shares traded above $7.50 at the ...

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... "My energy and my commitment is to make the coming journey even more special for all customers, all employees and shareholders." Finally, O'Sullivan thanked Elliot for his service over the years. "What a great legacy and what a great starting point for ...

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... proud of what it has achieved as a business and "the positive impact we have had on the industry, our employees, shareholders, the community and our clients." "Importantly, none of this would have been possible without the incredible support and guidance ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... General's office said. "This conspiracy violated multiple federal laws that prevent a major shareholder, or a group of shareholders, from using their shares to lessen competition or engaging in other anticompetitive schemes. Further, the companies broke ...

CI Financial taken private by Mubadala Capital

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... represents a 33% premium to the last closing price, CI Financial said. CI's board has unanimously endorsed the deal to shareholders, saying it's in their best interests. Under the deal, CI Financial will operate as a standalone business and retain its ...