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Showing 331 - 340 of 1259 results for "Takeover"

Centuria REIT sees $755m off-market takeover

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
Australia's largest industrial REIT is seeing a $755 million off-market takeover offer from another REIT. PropertyLink Group (PlG) wants to acquire the all outstanding units in the Centuria Industrial REIT (CIP) for a combination of cash and PLG securities. ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
WAM Capital has opened a month-long offer to shareholders of a LIC that it wants to take over, with bidder's statements distributed yesterday. Last month WAM Capital said it would attempt to take over a listed invested Wealth Defender Equities (WDE) ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
WAM Capital is attempting to takeover a listed investment company managed by Perennial that it says has consistently "underperformed" since inception. WAM Capital made a conditional off-market takeover bid for Wealth Defender Equities Limited (ASX ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Yellow Brick Road has rejected a takeover bid claiming the offer price was too low and "opportunistic." Mercantile OFM (a wholly owned subsidiary of ASX-listed Mercantile Investment Company) yesterday submitted an off-market takeover bid to ASIC to ...

Glennon Capital hires marketing director

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... Hall's marketing communications and media manager for the main business and its subsidiaries. Following Hunter Hall's takeover by Pengana, Logan was a member of the transition team. In her most recent role, she worked at consulting agency Arthur ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... disclosure" obligations by not taking greater care in communicating to shareholders it was the subject of a potential takeover. It added the acquiring control over voting shares in Molopo did not take place in an "efficient, competitive and informed ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
Mercantile OFM is moving towards the acquisition of all shares in a private equity-focused listed investment company (LIC). In an announcement to the ASX, IPE directors unanimously recommended shareholders accept the offer in the absence of a superior ...

Aurora reshuffles compliance team

ALEX BURKE  |  THURSDAY, 21 JUN 2018
After the departure of two external members of its compliance committee, Aurora Funds Management appointed replacements with immediate effect. Anthony Hartnell joins the committee while also serving as Aurora's non-executive chair. He was previously ...

Molopo board ousted at AGM

ALEX BURKE  |  FRIDAY, 1 JUN 2018
Keybridge Capital and Aurora Funds Management scored a win at the Molopo Energy AGM with a board spill that saw its two nominees elected as non-executive directors. Keybridge's nominee, William Johnson, had previously been noted by Molopo as being ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The Takeovers Panel has ruled that, as per an application for an interim order by Aurora Funds Management, Molopo Energy will be unable to make any payment or incurring any liability of more than $175,000. Both Aurora and Keybridge Capital are substantial ...