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Showing 21 - 30 of 44 results for "Scheme Implementation Deed"

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... court hearing this week. Pendal said it intends to proceed without delay. "Pendal notes that while the scheme implementation deed permits Perpetual to engage with another proposal, it does not permit Perpetual to terminate or otherwise abandon the Scheme ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... the transaction by January 2023." As previously reported by Financial Standard, Perpetual entered a Scheme Implementation Deed to acquire Pendal. Since the announcement, a joint transaction integration committee was established to oversee the key conditions ...

Link Group acquires HS Pensions

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... employment conditions and increased market volatility." Providing an update on Link Group's signed revised Scheme Implementation Deed with Dye & Durham Corporation. The company announcement stated that the scheme remains subject to certain conditions ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... declare any dividend, including any ordinary interim dividend of up to 2.5 cents per share. If the Scheme Implementation Deed is successfully implemented, it will accelerate HUB24's platform future strategy, HUB24 said, adding that the combined business ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... September 2021 and 12 October 2021 contravened s606(1) of the Corporations Act, the panel found. The Scheme Implementation Deed between PAF and PGF also contained a $500,00 break fee. "We believe that it wasn't fair to shareholders that a company ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... Capital's other LIC - the Global Opportunities Fund (PGF). On September 15, PGF and PAF entered a scheme implementation deed to merge. PGF has a 19.9% shareholding in PAF. The PAF board said it intends to vote in favour of the merger, subject to ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... to engage further with EQT in relation to the proposal. "Iress directors intend, subject to entry to scheme implementation deed on acceptable terms, to unanimously recommend that Iress shareholders vote in favour of the proposal in the absence of a superior ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... The intense bidding war for Mainstream appears to have ended after the administrator entered into a scheme implementation deed with Apex Group. Apex has made an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million ...

Aware Super, MIRA acquisition progresses

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... court approval and the satisfaction or waiver of certain other customary conditions as outlined in the scheme implementation deed. The Vocus board continues to unanimously recommend its shareholders vote in favour of the scheme. The scheme meeting is ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... company at $285.7 million. Mainstream previously announced it was taking steps to terminate the Vistra scheme implementation deed and pay the $1.7 million break fee. Mainstream is being advised by Miles Advisory Partners as financial adviser and Maddocks ...