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Showing 21 - 30 of 211 results for "Trading halt"

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... and indicative proposal to the Centrepoint board to acquire all the company's shares. Centrepoint has now entered a trading halt, pending the release of an announcement regarding the proposal. Under the offer, Centrepoint shareholders would receive a ...

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... one Perpetual share for every 7.5 Pendal shares plus $1.67 cash for each Pendal share. Perpetual is currently in a trading halt, with the offer based on its closing share price of $34.23. Based on the proposed scrip offer, Pendal shareholders would own ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
Magellan Financial Group has lost a key mandate from UK wealth manager St James' Place. After requesting a trading halt Friday afternoon, this morning Magellan confirmed to the ASX that it had lost the mandate from St James' Place. The company's share ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... further commentary in relation to the proceedings at this time," EP1 told the ASX today. EP1's shares went into a trading halt on November 3 in the lead up to announcing that it has been slapped with a class action. Its shares tumbled from 60 cents ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... withdrawing its proposal to acquire all Vocus shares before it was announced to the market. Uniti Group entered a trading halt on the ASX yesterday afternoon before issuing a statement saying Bowen's charges do not impact the company. "The company understands ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... follows speculation last week that AMP chief executive Francesco De Ferrari was to resign. AMP was forced to enter a trading halt before confirming that he remains in the lead role. After that announcement, Allan Gray portfolio manager Simon Mawhinney ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... ruled pandemic exclusions are invalid, and insurers will have to cover COVID-19; a ruling that has seen IAG go into a trading halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers could face a flood of claims. ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... court order to permit the sale," OneVue said in June 1 filings. The buyer, Clime Investment Management has been in a trading halt since 9:20 am Monday, when it said it would conduct an institutional raise for an acquisition. Clime did not name Madison ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... the sale," OVH said. Clime Asset Management previously confirmed it was bidding for Madison. CIW's shares were in a trading halt this morning, with the company saying it expected to announce an institutional placement to raise an undisclosed sum for ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
The big bank has entered a trading halt as it looks to raise $3.5 billion to sustain the business throughout the COVID-19 downturn which has so far seen the interim dividend more than halved and the NAB leadership team take pay cuts. Releasing its 1H ...