Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 2011 results for "BID"

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Takeovers Panel said it rejected Atlas Arteria's request to impose an interim order against IFM Investors despatching its bidder's statement in its current form, despite the global toll roads business saying the two-tiered pricing structure ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI  |  WEDNESDAY, 6 MAY 2026
Atlas Arteria has recommended shareholders reject IFM's hostile takeover bid, calling it "too low, opportunistic and highly conditional". The toll road operator said each independent director will reject IFM's offer and told shareholders to simply ignore ...

IFM expands UK presence with acquisitions

MATTHEW WAI  |  THURSDAY, 30 APR 2026
... its presence across the UK infrastructure and renewable energy markets. The announcement also follows a $7 billion takeover bid for the toll road operator Atlas Arteria a few days prior. IFM currently owns 50% stake in Nala Renewables and will acquire ...

Insignia Financial delists from ASX

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
... indicative proposals from CC Capital, Bain Capital and Brookfield Capital Partners. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 cash per share in late 2024 ; the offer was subsequently rejected. At the beginning ...

Pacific Equity Partners makes unsolicited bid for oOh!media

RIDDHIMA TALWANI  |  WEDNESDAY, 29 APR 2026
Pacific Equity Partners (PEP) has made an unsolicited takeover bid to acquire oOh!media for $1.40 per share. That is a premium of 64.7% from its last closing prices of $0.85 and values the media firm at around $747million. oOh!media provides outdoor ...

IFM Investors makes $7bn bid for Atlas Arteria

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
IFM Investors has launched a hostile takeover bid for Atlas Arteria, valuing the toll road operator at around $7 billion. The bid was launched by Diamond Infraco 1, a wholly owned subsidiary of the IFM Global Infrastructure Fund, which already holds ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... Last month, APRA released its final response to amending prudential standards on treating capital for longevity products in a bid to improve weak demand. One of the key changes is refining specific parameters of the proposed advanced illiquidity premium ...

Future Fund targets $15m in savings, reviews staffing

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
Future Fund will cut costs by $10 to $15 million in FY27, in a bid to ensure costs and staffing levels remain appropriate for the years ahead. It expects further savings in subsequent years. Australia's sovereign wealth fund said it will achieve ...

Insignia Financial shareholders approve takeover

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... indicative proposals from CC Capital, Bain Capital and Brookfield Capital Partners. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 cash per share in late 2024 ; the offer was subsequently rejected. At the beginning ...

Australia is 'laissez-faire' on eligibility for semi-liquid investments: Morningstar

MATTHEW WAI  |  TUESDAY, 14 APR 2026
While investors in the US are becoming increasingly acquainted with semi-liquid structures, the story is vastly different here in Australia due to its regulatory landscape, Morningstar said. Morningstar's Demystifying Semiliquid Fund Structures - An ...