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Showing 361 - 370 of 1259 results for "Takeover"

Aurora pushes for Hastings takeover

ALEX BURKE  |  MONDAY, 17 JUL 2017
Aurora Funds Management is extending its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Unitholders will now have until September 29 to consider Aurora's offer. Aurora originally made the bid in November 2016, telling unitholders ...

Short-termism obsession misses premia: Study

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... quality of the board, reduces sales, costs and earnings volatility, increases dividends and share repurchases, lowers takeover defences, and encourages firms to become more innovative." Smart beta is another strategy that can add more than a 1.5% per ...

Manager lists after $3bn merger

ALEX BURKE  |  THURSDAY, 1 JUN 2017
... executive Peter Hall's surprise departure from the company in December last year. During that time, Hunter Hall received takeover bids from Pinnacle Investment Management, WHSP and John Bridgeman. While Hunter Hall's independent directors recommended ...

Unclaimed money hits $1.1bn: ASIC

KARREN VERGARA  |  WEDNESDAY, 26 APR 2017
... unclaimed money from shares and other investments people have not collected from companies, usually from the result of a takeover. ASIC is urging Australians to search on its MoneySmart website to see if they are the rightful owners. It also pays tax-free ...

Perennial loses Century LIC mandate

ALEX BURKE  |  WEDNESDAY, 19 APR 2017
... portfolio using our proven research-driven, market-driven and investment-driven processes," Wilson added. WAM's second takeover offer was announced back in November 2016, after Century's board rejected an offer from Perennial which would have maintained ...

Peter Hall hands over remaining Hunter Hall shares

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... Soul Pattinson now has a 44.2% stake in Hunter Hall shares after Peter Hall sold his interest and accepted the former's takeover offer. WHSP has now revised its cash offer to $2.60 per share. Hunter Hall's independent directors have recommended remaining ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Suncorp increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. ...

Soul Pattinson pockets Hunter Hall via Pengana merger

ALEX BURKE  |  FRIDAY, 10 MAR 2017
... management teams and core investment management style. The proposed merger delivers enhanced value compared to alternate takeover offers or continuing as a standalone entity." Eley added that "key members of both investment teams know each other well ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
... Hunter Hall reported a 68% drop in statutory profit at the same time Pinnacle leapfrogged Washington H. Soul Pattinson's takeover bid and a third investor declared its intention to buy 20% of the company. John Bridgeman Limited (JBL), acting as investment ...

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Washington H. Soul Pattinson is aiming to beat rival contenders with an increased takeover offer for Hunter Hall. Since increasing its bid to $1.60 per share on Friday, WHSP has now matched Pinnacle's unconditional offer of $2 per share. Although this ...