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Showing 371 - 380 of 2735 results for "Shareholders"

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... while Deutsche Bank gained a 20% share. It marked CIP's first expansion in Australia. One year later, CIP and Wilson shareholders increased their ownership of the business to 50% respectively. JPMAM head of wholesale for Australia and New Zealand Mark ...

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 ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
Spheria Emerging Companies (SEC) has floated a conditional proposal allowing shareholders to exchange their shares for units in the Spheria Australian Smaller Companies Fund. This follows SEC consistently trading below its net tangible asset (NTA) per ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... TA Associates via Giant BidCo want to acquire Byggfakta, a Swedish firm listed on the Nasdaq Stockholm. Byggfakta shareholders have been offered a cash consideration of SEK46 ($6.69) per share that values the transaction at SEK 10.1 billion or $1.47 ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... protect stakeholders during takeovers and suggested legislative adjustments to enforce a duty of care towards retail shareholders in any deal where a fund holds more than a 5% stake. "There would be new transparency obligations which would bring any ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... US$120.6 billion ($179.4bn), up from 7% in November. "We are pleased to have again delivered for our clients and shareholders this year. We expect continued business momentum in 2024 and begin the year with a promising pipeline for potential new business," ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... group breached disclosure requirements. The class action was commenced in February 2020 by Shine Lawyers, claiming shareholders had suffered material losses because of failures by management. The group was accused of breaching its continuous disclosure ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... forward to working together with MUFG and The Trust Bank to achieve our shared goals," he said. Link's urged shareholders to vote in favour of the proposal in the absence of a superior one. It is subject to the independent expert's assessment ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... price fluctuations of the acquiring firm. Earlier in the month, WHSP said its takeover proposal offered Perpetual shareholders an "opportunity to unlock value through a tax-efficient structure, while still maintaining the company's various businesses. ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... to explore breaking up the funds management business, a move it staunchly believes is in the best interests of all shareholders. The conglomerate investment house argued that the complexity of the Perpetual Group, along with current market conditions ...