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Showing 261 - 270 of 2058 results for "BID"

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... meaningful change and help our industry thrive." Separately, last week Praemium also partnered with fintech provider Complii in a bid to provide local capital markets participants with an expanded suite of services. As part of the partnership, Complii ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... The following year, a senate committee handed down an inquiry report into the SIT and urged ASIC to take more action in a "bid to protect consumers." "ASIC acknowledges the great distress, financial and emotional, the collapse of the Sterling Group and ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Pacific Current Group (PAC) confirmed it received a buyout offer from global fund manager GQG Partners (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... update shareholders and the market on further progress. The announcement comes after Regal Partners recently withdrew its bid to acquire Pacific Current Group, citing its disappointment in dealing with the fund manager. Despite dumping the deal, Regal ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A rival bidder is looking to displace Count's acquisition of Diverger, offering to pay nearly 24% more than what is currently on the table. COG Financial Services (COG) made a non-binding indicative proposal to acquire Diverger, lobbing $1.4083 for ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
The corporate regulator's bid to run an expanded case against Mayfair 101's James Mawhinney was rejected by the Federal Court yesterday, with the judge saying fresh claims brought by ASIC would place Mawhinney in "significantly greater jeopardy." Having ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... presented reforms that are evidence-based and actionable with outcomes that will be measurable to the federal government in a bid to deliver better economic equality for women. Given that the median superannuation balance for women aged 65+ years was ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year bond yields, and the weak Aussie dollar are ...

Former AMP Capital executive takes over at Selfwealth

CASSANDRA BALDINI  |  THURSDAY, 19 OCT 2023
... set to assume the role next week. The news of Keary joining comes just days after the trading platform rejected a takeover bid from rival Stake. Stake was offering 17.5 cents per share, which Selfwealth said on Monday does not offer appropriate value ...