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Showing 391 - 400 of 2735 results for "Shareholders"

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... GQG's proposal values PAC at $567.3 million, in which the target flagged as an "attractive value outcome for all PAC shareholders". River Capital instead is offering $10.50 per PAC share via a scheme of arrangement subject to due diligence and other ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... partnership will provide greater access to investment opportunities and support returns for both our customers and shareholders as we focus on growing our core retirement and investment businesses. We look forward to continuing to work together to deliver ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... structure and focus on what we can control." Should a potential acquirer make an offer, this will be put to the board and shareholders. "Is that our intention - to look for those [potential acquirers]? As any public company, always, at the whim of other ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... involving the issuance of approximately $130 million in converting redeemable preference shares in Regal, pending its shareholders approval. Regal also expects the acquisition to be accretive to its earnings per share in 2024, pre any synergies. The ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... They've concluded that discontinuing the ASX listing aligns better with the broader interests of the company and its shareholders. Notably, If CDI Holders don't sell their CDIs before the delisting, or choose to take part in the voluntary sale ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... independent board committee (IBC) considers GQG's proposal to represent an attractive value outcome for all PAC shareholders. "GQG has indicated to PAC that it continues to see significant strategic merit in a combination with PAC, and GQG continues ...

Investor associations to unite

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Retail investor advocates the Australian Shareholders' Association (ASA) and the Australian Investors' Association (AIA) are planning to consolidate next year. The boards of both groups have agreed to the amalgamation, with the AIA to close its organisation ...

Prosperity merges with accounting firm

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Yantsch and David Pennell and a team of 11 became part of Prosperity as of today. Yantsch and Pennell also become shareholders and directors of Prosperity. Prosperity founder and chief executive Allan McKeown said P+Y's "strong reputation meant there ...