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Showing 251 - 260 of 1259 results for "Takeover"

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... Somasundaram is of the view that management "has almost given up" on rebuilding AMP after its recent woes, instead looking for a takeover bid. "A number of major financials in Australia have looked at it and walked away as it has too much baggage," he ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Magnolia Capital has expressed doubts about the solvency of The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency ...

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... Group has canned its $266 million European acquisition and is forging ahead with the sale of PEXA. Link scrapped its takeover bid of Pepper European Servicing (PES), offering $266 million for the loan servicing, advisory and asset management firm operating ...

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
Keybridge Capital has lost its legal battle against WAM Active over the latter's takeover attempts from last year. In June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into ...

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
360 Capital yesterday published details of plans for E&P Financial Group if its takeover attempt succeeds, including restructuring EP1 into two units and replacing its directors. 360 Capital yesterday filed a bidder's statement, following its revised ...

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
Link Group confirmed SS&C has withdrawn its takeover proposal. The SS&C Technology holdings proposal, announced in October 2020, offered $5.65 per share for 100% of Link via a scheme of arrangement, after the original offer of $4.96 was rejected by ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... at the completion of the sale of Paragem. As previously announced in October 2020, HUB24 agreed to make a proportional takeover offer for one in every three fully paid ordinary shares of Easton held shareholders other than HUB24. The price was set at ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... original offer of 52 cents per share value. The bid comes at the last day that 360 Capital had to lodge a bid under the takeover rules. Evans Dixon (which rebranded to Evans & Partners and then E&P Financial Group) is yet to post a response to the ASX. ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Link Group has responded to the recent takeover proposal from SS&C Technology Holdings, saying it inappropriately values the company but will allow the commencement of due diligence with the hopes of a better offer. As announced on Monday, SS&C Technology ...