Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 1284 results for "Takeover"

KKR joins consortium to acquire ASX-listed Steadfast

RIDDHIMA TALWANI  |  TUESDAY, 14 JUL 2026
... against him. The share price for the firm has fallen ever since falling from $6.20 from October 2025 to $3.95 prior to takeover bid was announced on July 10. It has since risen in value, currently sitting at $5.27.

oOh!media bidders up offer price

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
... currently battling it out to acquire the outdoor advertising company. The ASX-listed firm had received revised indicative takeover proposals from Pacific Equity Partners, I Squared Capital and Oaktree Capital, with offers up to $1.60 per share which ...

BNP Paribas Asset Management ANZ chief exits

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... years and then worked at HSBC for one year. The fund manager currently manages $2.6 trillion for investors following the takeover of AXA Investment Managers, paying $8.5 billion. AXA Investment Managers was part of the AXA Group and grew to some $1.4 ...

Rest, Aware now part owners of Moorabbin Airport

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
... owners of Moorabbin Airport, which was acquired from Goodman Group for $1.5 billion. Barings, which led the consortium's takeover, now oversees the Moorabbin Airport property, including facilitating future development activities. Rest took a one-third ...

Perpetual shuffles Aussie equities team amid departure

KARREN VERGARA  |  MONDAY, 6 JUL 2026
... continuity in the management of our strategies and ongoing delivery for clients." Perpetual last week rejected an unsolicited takeover bid from Swedish private equity giant EQT which valued the firm at $2.5 billion. "The indicative proposal was highly ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
Perpetual has rejected an unsolicited takeover bid from Swedish private equity giant EQT which valued the firm at $2.5 billion. The "unsolicited, non-binding, conditional and indicative proposal" was for $21.64 cash per share, representing a 40% premium ...

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... advice before deciding whether to accept or reject the offer," it said. Goodin said: "With the pending close of the IFM takeover offer and the boards' continued recommendation that securityholders reject the bid, it is crucial that we move swiftly ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... to the Atlas Arteria independent directors undertaking asset sales which are not value maximising in response to its takeover bid. It also objected to the additional distributions from the asset sale. "Atlas Arteria is already unable to fund the 40 cent ...

ASX puts 25% cap on new share issuances during mergers

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
The ASX has put a 25% cap on the amount of new shares large listed companies can issue during mergers without first getting shareholder approval. "This gives shareholders a say before significant dilution. Shareholders are also given flexibility to ...

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
... security and Vienna airport where it's increased the price by 70% from its initial offer price. IFM launched a hostile takeover bid for Atlas Arteria in late April, stating the action was spurred by continued underperformance from Atlas Arteria, and ...