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Showing 11 - 20 of 44 results for "Scheme Implementation Deed"

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... favour of the transaction that has now terminated with no break fee payable in accordance with the Scheme Implementation Deed (SID). "KKR has asserted that a break fee is payable and has reserved its rights to seek further damages. Perpetual rejects ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... shareholders vote in favour of the Bell offer, in the absence of a superior proposal (as defined in the Bell scheme implementation deed) and subject to an independent expert concluding (and continuing to conclude) that the Bell offer is in the best interests ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 cents per SelfWealth security. BFG muscled in on rival bidder AxiCorp Financial ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... Platinum's board recommendation of the proposal to shareholders, and entry into a mutually acceptable scheme implementation deed. Any scheme of arrangement would also be subject to customary shareholder, court, and regulatory approvals. Platinum said ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... of due diligence, the Platinum board recommending the proposal, and entry into a mutually acceptable scheme implementation deed. "The Platinum board is considering the merits of the Regal proposal having regard to its assessment of the stand-alone inherent ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... commenced working together on the "integration planning process." Last December, the parties entered a Scheme Implementation Deed (SID) with The Trust Bank in which it will pay $1.2 billion for Link. The scheme is subject to various conditions such as ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every Link share, which is inclusive of a $0.16 dividend. MUFG is paying a 33% premium ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... insurance broking". COG anticipates commencing the due diligence process immediately and entering a scheme implementation deed before November 1. In response, Diverger said it is working through COG's proposal and has not made any recommendations yet. ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... and advice, and house 550 financial advisers. The two ASX-listed firms have entered into a binding scheme implementation deed in which Count will acquire 100% of Diverger. Count is set to pay $45.3 million for Diverger. Diverger shareholders will receive ...

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... appearance by Perpetual and Pendal regarding the remedies available in the event Perpetual breaches the scheme implementation deed or indicates it will. Pendal and Perpetual both entered a trading halt this morning, pending a court decision. The court ...