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Showing 11 - 20 of 21 results for "OVH"

Madison sale confirmed

JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... with China-Taiping and its advisers in this regard. Completion of the sale is expected within 10 business days from today," OVH said in company filings this morning. The buyer, Clime Investment Management, conducted a placement to institutional investors ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... sale process, OneVue and the receivers intend to work closely with China-Taiping and its advisers to facilitate the sale," OVH said in June 1 filings. "It is presently envisaged that following completion of the sale, the competing claims to the proceeds ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... Trustees. China-Taiping "very recently" asserted a competing security interest in the shares of Madison Financial Group, and OVH says that after the sale is completed, the competing claims to proceeds of the Madison sale will be either resolved by agreement ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... territory over the sale's proceeds. It is understood that the sale price is roughly in the $120 million to $160 million range. OVH earlier this week said the sale is "imminent". Meanwhile Wasserman is understood to be considering what the new the ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... an expectation that the receivers' will select a preferred bidder by the end of this week with to progress to exclusivity," OVH said in company filings. OneVue in 2019 sold Diversa and CCSL Trustees business to Sargon Capital for $43 million and was ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... sale of its secured assets, and secondly the enforcement of the lien over the previously owned trustee services businesses," OVH said.

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... sale become known the board will make a further announcement on the application of these funds and capital management plans," OVH said in company filings. About a month ago, Ernst and Young said it had found a buyer for the eight businesses across the ...

Sargon clouds OneVue results

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... of Seaview Consulting. The money from Sequoia shares is already in OneVue's bank accounts, she said. OneVue Holdings (OVH) reported a revenue of $24.3 million for the first half of FY20, dipping 4%. Adjusted NPAT from continuing operations was $1 ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... provide them with the necessary support to ensure that the advisers can continue servicing their clients without disruption," OVH managing director Connie Mckeage said. Madison was one of Sargon's many acquisitions in recent years. Sargon bought it in ...

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Holdings 1 Pty Ltd. "[The receivers] have today secured and taken control of one of the assets under OneVue's secured interest," OVH said in ASX filings this afternoon, referring to 23 million shares in Sequoia. "OneVue will now assist the receivers ...