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Showing 21 - 30 of 104 results for "Pendal Group"

Perpetual names planned post-acquisition executive lineup

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... for its executive committee, who will lead the combined group following completion of its proposed acquisition of Pendal Group (Pendal). Perpetual chief executive and managing director Rob Adams, who will lead the combined group, said that since the ...

Link Group appoints chief financial officer

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... experience across finance, consulting and audit, operating in the UK, APAC, and Australia. Most recently, Scott worked at Pendal Group, re-building the finance function to support business transformation and achieve its strategic growth objectives. Prior ...

Colonial First State launches sustainable growth fund

CHLOE WALKER  |  MONDAY, 21 NOV 2022
... Al Gore and David Blood's Generation Investment Management, Melior Investment Management, Impax Asset Management, Pendal Group and Affirmative Asset Management. "The fund has been designed to give Australians greater choice in where their superannuation ...

Perpetual appoints head of equities

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... over the three years to September 30." Also, as previously reported by Financial Standard, last week Perpetual and Pendal Group confirmed the terms of their takeover deal have changed. Both parties agreed to revise the cash and scrip considerations of ...

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
Both Pendal Group and Perpetual have confirmed the terms of their takeover deal have changed, in addition to the Supreme Court ruling that Pendal could rightfully seek more than a break fee if the deal goes south. Both parties have agreed to revise ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
Perpetual has confirmed it may have to cough up more than $20 million to Pendal Group if a transaction were to impede the existing deal between the two entities, as speculation grows Perpetual is attempting to renege. Yesterday, Perpetual dismissed ...

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... consortium requested a one-week due diligence period, expedited due to Perpetual's existing scheme of arrangement with Pendal Group. Regal Partners said the improved proposal was rejected by the Perpetual board without discussion. At the same time, Pendal ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
Pendal Group's underlying profit after tax grew 17% to $194.2 million in the 2022 financial year. Statutory net profit after tax was down 32% to $112.8 million, impacted by mark-to-market movements on seed investments. Underlying earnings per share ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... therefore rejected the offer," Perpetual said. Perpetual oversees about $200 billion and is in the process of taking over Pendal Group. Meanwhile, the BPEA Private Equity Fund is run BPEA EQT, the result of Swedish private equity firm EQT taking over ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... Perpetual's first quarter business update, it said that progress has been made across the key conditions to the Pendal Group takeover, including client consents and regulatory approvals. Perpetual chief executive and managing director Rob Adams said ...