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Showing 261 - 270 of 816 results for "Settlement"

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
REA Group has entered into an agreement with Mortgage Choice to acquire 100% of outstanding shares for $1.95 cash per share in a deal worth $244 million. Mortgage Choice has a loan book of $54 billion, settlements of $11 billion in 2020 and in the six ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... The class action alleged the banks conspired to fix the prices of BBSW-based derivatives. Both ANZ and CBA said the settlement does not admit their liability and is also subject to the negotiation and execution of a Deed of Settlement and Court approval. ...

Insider trading forum busted

ELIZABETH MCARTHUR  |  FRIDAY, 19 MAR 2021
... complaint charges Jones with violating the antifraud provisions of US federal securities laws. Jones agreed to a bifurcated settlement that, subject to court approval, permanently preventing him from further violating these provisions and reserves civil ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... volume weighted average price. In February this year Mainstream agreed to pay $5.1 million as part of a confidentiality settlement agreement affecting its US hedge fund administration subsidiary. "The proposed settlement is on a no admission of liability ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth Bank, said that they are exploring ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
... adjusted downwards if Naturgy pays or announces dividends, distributions or similar remuneration prior to the offer settlement," IFM said. "IFM will finance the majority of the transaction with equity commitments from its fund investors, with the remaining ...

Chi-X bolsters executive team

ELIZABETH MCARTHUR  |  MONDAY, 25 JAN 2021
... positions included general manager of listing operations, senior manager of market access and manager for clearing and settlement operations. "We are excited to welcome John to the Chi-X team. His deep knowledge of financial technology systems, infrastructure ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... Super's banking business for $35 million. Challenger and MyLife MyFinance have entered into an agreement with an expected settlement date of March 2021. Challenger will fund the $35 million price plus the ADI capital requirements via a $100 million distribution ...

PNG super fund to evict settlers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JAN 2021
Papua New Guinea's largest superannuation fund claimed victory over a small community which had settled on land owned by the fund more than two decades ago. Bushwara, a community outside of Port Moresby, was issued eviction notices by Nambawan Super ...