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Showing 261 - 270 of 1259 results for "Takeover"

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A Nasdaq-listed firm has one-upped the Pacific Equity Partners and Carlyle Group consortium bid to acquire Link Group. SS&C Technology Holdings is offering $5.65 per share to acquire 100% of Link via a scheme of arrangement. Link shares closed at $4.96 ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... institutions decision to slash Buyer of Last Resort valuations. AMP is also in the midst of a portfolio review, with a takeover bid from Ares Management valuing the company at $1.85 per share still being considered.

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
Magnolia Capital has made a takeover bid for an ASX-listed real estate agent, which the latter claims the bid price is too low. Magnolia Equities III has put forth an off-market, cash takeover bid for The Agency Group (AU1). Magnolia is offering four ...

Praemium develops relationship with US platform

KANIKA SOOD  |  MONDAY, 30 NOV 2020
... current state of art..." Praemium in July advanced a $55.6 million bid to acquire Powerwrap in an off-market conditional takeover, which has since been implemented. Powerwrap delisted from the ASX on October 12, and its chief executive Will Davidson ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... Bank for nine years. Praemium chair Barry Lewin said the board is delighted to welcome Wamsteker. "With the successful takeover of Powerwrap by Praemium in October 2020, Anthony brings deep knowledge of the specialist platform sector and invaluable experience ...

AMP welcomes board director

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... contributions on the board as we transform AMP." The appointment comes following the announcement that Ares Management has bid to takeover 100% of AMP at $1.85 a share, valuing the company at $6.35 billion.

Aware Super, OptiComm deal still alive

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... Financial Review stating that OptiComm had received a strong indication from Aware Super that it would not make further takeover offers was not true. The story, published on November 3, claimed that Aware Super had hinted to OptiComm that it was done ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
AMP has announced the takeover proposal from Ares Management was at an implied value of $1.85 a share, totaling around $6.35 billion. The offer, disclosed by AMP to the ASX on Friday, is at a 20% premium to the company's most recent closing price ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
AMP has confirmed Ares Management has made an offer to takeover 100% of AMP shares. AMP announced to the ASX that it has received an indicative, non-binding, conditional proposal from US-based Ares Management. The offer is to acquire 100% of the shares ...