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Showing 341 - 350 of 2013 results for "BID"

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... earnings and attractive multiples have been lumped in the same category as bad tech companies, which have seen share prices bid up to historic highs off the back of overly optimistic expectations. J.P. Morgan Asset Management portfolio manager Josh Berelowitz ...

AGL rejects Cannon-Brookes, Brookfield bid

ELIZABETH MCARTHUR  |  MONDAY, 21 FEB 2022
ASX listed energy company AGL has rejected a bid from Atlassian founder Mike Cannon-Brookes and Brookfield to take over the company. Brookfield and Cannon-Brookes' family office Grok Ventures partnered on the offer, offering AGL $7.50 per share. The ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ASIC to take more action in a bid to protect consumers. Speaking at the Parliamentary Joint Committee on Corporations and Financial Services on February 11 ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard that this partnership ...

CFS awards platform technology mandate

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
Colonial First State awarded a major technology mandate in a bid to revamp its wrap platform. Specialist investment platform provider FNZ won the task of transforming FirstWrap, replacing its underlying technology as CFS attempts to cement its lead ...

Fiducian finalises People's Choice Credit Union acquisition

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
Fiducian Financial Services (Fiducian) has today finalised the acquisition of People's Choice Credit Union's financial planning business (PCCU). Fiducian was selected by PCCU as the successful bidder in November to acquire PCCU's financial planning ...

Charter Hall, PGGM make moves on Irongate

CHLOE WALKER  |  TUESDAY, 1 FEB 2022
Irongate Group has received a $1.29 billion takeover bid from a partnership managed by Charter Hall Group, topping a rejected offer by 360 Capital. The partnership, comprising Dutch pension fund PGGM and Charter Hall, made a bid of A$1.90 per share ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... of the year," Investment Trends head of research Irene Guiamatsia said. ASIC made intervention orders in October 2020 in a bid to stem the amount of losses retail investors suffered from trading CFDs. Between March and April 2020 for example, participants ...

Life insurers to embrace risky assets

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022. Australian life insurers are tipped to shed their conservative nature this year amid a tough macroeconomic environment, according to bfinance. Many ...