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Showing 381 - 390 of 500 results for "Equity Trustee"

EQT makes last attempt to buy The Trust Company

LAURA MILLAN  |  WEDNESDAY, 13 NOV 2013
Equity Trustees (EQT) has announced a last-minute increase of its buyout offer for The Trust Company (TRU), only a few days before TRU shareholders vote for the Perpetual offer. The EQT board of directors has approved an increase in the offer ratio ...

State Street wins three-fund custody contract

ALICE URIBE  |  TUESDAY, 29 OCT 2013
State Street has won a contract to provide custody services to three Queensland-based industry super funds, after they joined forces for the tender process. The funds, QIEC Super, Club Super and Mercy Super combined their funds under management rather ...

EQT adds ex-Frontier analyst, looks for more expansion

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
Equity Trustees (EQT) has appointed two investment analysts and is looking to grow its funds management capability. Newly-appointed Michael Kordick and Thi Doan will report to chief investment officer George Boubouras and head of equities Dr Paul Kasian. ...

EQT outsources custody business to State Street

LAURA MILLAN  |  MONDAY, 23 SEP 2013
Equity Trustees (EQT) has outsourced its custody and administration to State Street a week after The Trust Company refused its buyout offer. EQT's bid to acquire The Trust Company has severely affected its full year results and the company reported ...

IOOF determined to get a slice of the trust pie

LAURA MILLAN  |  FRIDAY, 20 SEP 2013
IOOF is set to get a slice of the trustee business pie and will acquire a strategic holding in Equity Trustees after its buyout offer for The Trust Company didn't catch the eye of the board. IOOF will likely acquire 13% of the Equity Trustees shares ...

ACCC approves Perpetual offer for The Trust Company

LAURA MILLAN  |  THURSDAY, 19 SEP 2013
The Australian Competition and Consumer Commission (ACCC) will not oppose the Perpetual buyout offer for The Trust Company as the acquisition "is unlikely to lead to a substantial lessening of competition in any relevant market." The decision came after ...

EQT makes last attempt to attract TRU shareholders

LAURA MILLAN  |  WEDNESDAY, 18 SEP 2013
In a last attempt to attract The Trust Company shareholders to its buyout proposal, Equity Trustees (EQT) has extended its offer for the company. The announcement arrives after this week The Trust Company board recommended its shareholders to reject ...

The Trust Company parts ways with Equity Trustees

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The Trust Company board has recommended its shareholders to reject the buyout offer from Equity Trustees (EQT) by ignoring it. "In relation to the revised Equity Trustees offer, your directors unanimously recommend that shareholders reject the revised ...

Trust gives Perpetual a chance to match IOOF offer

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
The Trust Company board met last night and has asked for a deadline extension to allow Perpetual a chance to match the IOOF buyout offer. IOOF has accepted the request and has given The Trust Company more time to accept or refuse its offer, which now ...

The Trust Company to consider IOOF offer

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
The Trust Company board will meet to consider IOOF buyout offer, which has stepped into the race to buy The Trust Company with a proposal it regards as superior to those of Equity Trustees and Perpetual. IOOF offer to buy the totality of The Trust Company ...