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Showing 11 - 20 of 1131 results for "Takeover"

Count to finalise Diverger deal

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... deal now expected to be completed on March 1. Last month, Diverger shareholders overwhelmingly voted in favour of the takeover, with the court approval marking the final hurdle. "The completion of this milestone confirms our previously announced strategic ...

WAM Leaders to make bid for QV Equities

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
The investment company, managed by Wilson Asset Management, intends to make an off-market takeover bid for QV Equities Limited (QVL). The offer involves exchanging one share of WAM Leaders for every 1.4675 shares of QVE. Entities associated with WAM ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... proposed merger, real estate investment trust BWP will offer to acquire 100% of NPR's securities via an off-market takeover offer, comprising 0.40 units of the BWP trust per NPR security. Most of BWP's properties are large-format retail properties ...

Diverger shareholders welcome Count takeover

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
Diverger shareholders have given Count their seal of approval to acquire the company in a landslide voting result. An overwhelming 99.97% of shareholders voted in favour of Count taking over the company at yesterday's scheme meeting. In the lead up ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... was set up to assess the merits of the acquisition, has unanimously recommended that shareholders vote in favour the takeover. In reaching this conclusion the committee said that Byggfakta's business model is "robust", and it is operating in a resilient ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... he said. Last year, Geoff Lloyd joined Stake as chair, leaving MLC as chief executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such as Tiger Global and ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... premium based on Link's closing share price on December 15. Major financial firms have attempted but failed in their takeover of Link in recent years. Following a years' long courtship, Ontario-based Dye & Durham's bid to acquire Link for ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... currently Perpetual's largest shareholder, previously owned a 10% stake. In a possible attempt to move closer to another takeover bid, WHSP has also entered an equity collar agreement. A fixed-dollar value collar is a strategy where a company that may ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...