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Showing 11 - 19 of 19 results for "Settlement Agreement"

Industry fund and wealth manager finalise integration

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
... acting chief investment officer, leading the StatePlus investment team. First State Super reached a binding settlement agreement with State Super to acquire StatePlus in March 2016 for a reported $1 billion, creating the largest member-owned financial ...

Not-for-profit fund buys StatePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
... member-owned financial planning network in Australia. First State Super (FSS) and State Super have reached a binding settlement agreement with the transaction due for completion in June. FSS is reported to have paid $1 billion for the NSW government's ...

Investors get conditional agreement against Great Southern

ALICE URIBE  |  MONDAY, 10 MAR 2014
... ASX, the terms of the settlement remain confidential to the parties and are to be the subject of a formal Settlement Agreement. However, for the settlement to go ahead it must be supported by 50% by value of the plaintiffs. A Bentham IMF spokesperson ...

CBA proffers Storm settlement

BEN COLLINS  |  MONDAY, 17 SEP 2012
... victims of the Storm Financial collapse, after the Commonwealth Bank of Australia (CBA) and ASIC reached a settlement agreement. Up to $136 million will be offered as compensation for losses suffered by CBA customers who borrowed from the bank to invest ...

ASIC strikes $67.45m in Westpoint settlement

MATT WOODINGTON  |  WEDNESDAY, 2 FEB 2011
The Australian Securities and Investments Commission (ASIC) has reached a settlement agreement, handing investors in the Westpoint Group an additional $67.45 million in compensation. The latest stage of the litigation process was carried out on behalf ...

Perpetual settles over Mahogany

JOHN MCDULING  |  MONDAY, 6 DEC 2010
... considering all options and with the relevant advice of third parties and the court, Perpetual believes the settlement agreement works in the collective best interests of Mahogany investors and will ultimately deliver concrete outcomes for them," Perpetual ...

ASIC recovers $24m for Westpoint victims

ASIC RELEASE  |  FRIDAY, 17 SEP 2010
... Financial Advisers and Bongiorno Financial Advisers (Aust) ($2.6 million) and State Trustees ($13.5 million). A settlement agreement with Joseph Dukes and Barzen (formerly Dukes Financial Services) for $1 million is subject to approval by the Federal ...

Westpoint investors win $13.5m compensation

ASIC RELEASE  |  THURSDAY, 4 MAR 2010
... invested of $388 million when the group collapsed. In a press statement by State Trustees, the firm said "the settlement agreement has been reached with an express denial of liability on the part of State Trustees." "In separate but related settlements ...

Macquarie to take up to 16% stake in IBA

AAP  |  FRIDAY, 12 MAR 2004
... with Torex to acquire more than 12 million IBA Health shares, conditional on the completion of the iSoft/IBA Settlement Agreement. At the completion of the deal, Macquarie will hold about 16% of the global healthcare information system supplier's issued ...
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