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Showing 11 - 20 of 1983 results for "Proposal"

AUDC supports startup to launch tokenised private credit offering

MATTHEW WAI  |  FRIDAY, 28 AUG 2026
... success criteria, including integration completion, live user activity and transaction-volume targets," they said. "The proposal also closely aligns with AUDDapt's objectives: supporting practical products that drive recurring use of an Australian-dollar ...

Perpetual weighed down by wealth management business

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... sustainable growth and long-term value for our shareholders." The business also provided an update on EQT AB's takeover proposal, stating that it has entered into a non-disclosure agreement with the group but reaffirmed there is no certainty that ...

Pacific Current eyes return to active management

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
... The move follows a year of asset sales that left the firm debt-free and holding $158 million in cash. It has received a proposal from River Capital, a major shareholder and an established Australian investment manager with $1 billion in assets under ...

Second bidder emerges for Equity Trustees

MATTHEW WAI  |  MONDAY, 24 AUG 2026
... holding company last week, a local investor has joined with an improved offer. EQT Holdings (ASX: EQT) has received a proposal from BGH Capital to acquire 100% of the outstanding shares in EQT at an indicative price of $24.75 per share less any dividends ...

Perpetual hit with double whammy redemption, impairment

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... release in its FY26 results on August 27. The financial services group recently rejected EQT's $22.50 share takeover proposal, saying it does not reflect the value of the business. Perpetual chief executive and managing director Bernard Reilly said ...

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
... Life Insurance and NobelOak. ClearView's board had unanimously recommended the transaction in the absence of a superior proposal, while Crescent Capital Partners Management, which held a 53% stake in ClearView, also indicated it would support the deal. ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ...

APRA targets platform trustees, welcomes stronger powers

KARREN VERGARA  |  THURSDAY, 20 AUG 2026
APRA is targeting platform trustees' uplift in investment governance in a new consultation, which is underscored by Labor's proposed new powers that will enable it to police new capital requirements for superannuation funds that offer higher-risk options ...

Mulino unveils sweeping reforms to cold calling, MISs

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
... have failed its duties, members would be entitled to compensation for their full capital losses. Mulino described the proposal as a "significant structural reform" designed to provide members with a clearer pathway to compensation. "We will also give ...

Global investment manager bids for Equity Trustees

MATTHEW WAI  |  TUESDAY, 18 AUG 2026
... EQT), the holding company for Equity Trustees announced on the ASX it received an unsolicited, indicative and non-binding proposal from a US-based alternative investment manager. TPG Global made the bid at an indicative price of $24.55 cash per share ...