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Showing 271 - 280 of 1259 results for "Takeover"

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... relation to the revised proposal and the board will update shareholders as appropriate." On October 9, before the proposed takeover was announced to the market, Link shares traded at $3.99 per share. Shares have traded above $4.50 since the announcem ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... acquisition. Xplore chair Alex Hutchison said the transaction is an opportunity for shareholders to receive a highly attractive takeover premium and to retain exposure to the platform industry. He said clients and partners using its platform and MDA ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
ASX-listed firm 360 Capital Group is proposing to takeover Evans Dixon shortly after its founder and managing director joined the embattled firm. The firm announced it wants to acquire Evans Dixon (ED1) via an off-market takeover, taking its 19.55% ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
Link Group has concluded the takeover proposal led by Pacific Equity Partners and Carlyle Group materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... Group's investment in OVH has been profitable and we will now deploy the more than $22 million we receive from the takeover into other opportunities, of which there are many." Meanwhile, OVH's second-biggest shareholder is the Abtourk Group ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... Queensland-based Designing Financial Solutions (DFS) have recently left MLC-owned GWM Adviser Services not long after the IOOF takeover. "We are seeing a second wave of movements as advice firms either review their initial decision or take the first ...

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
The OneVue board has encouraged shareholders to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
Two private equity firms are spearheading a takeover of Link Group to acquire 100% of the ASX-listed administrator. The consortium led by Pacific Equity Partners and Carlyle Group is offering $5.20 per share via a scheme of arrangement. Perpetual, which ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
... board," the fund said. If the proposal receives support from the OptiComm board the transaction would be an off-market takeover offer, subject to a minimum acceptance condition of 50.1% and a limited number of other defeating conditions. The fund said ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on October 2 with the remaining 6% to be acquired under compulsory acquisition ...