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Showing 391 - 400 of 424 results for "The Independent"

IFM makes second play for PacHydro

... expected the industry funds giant would make a counter-bid for the company as soon as Acciona made its second bid. The independent directors of PacHydro initially recommended shareholders accept the Acciona bid of $4.90 until IFM outbid them at $5.00. ...

IFM counterbids for PacHydro

... investors in Pacific Hydro through providing access to current and future investment opportunities," Weaven says. The independent directors of PacHydro have recommended that shareholders accept the IFM offer in the absence of a superior proposal and ...

JDV dismisses IWL offer

... price being offered per JDV share translates to $0.88, representing a 20 to 30 per cent discount in comparison to the independent expert's valuation. As such the JDV board feels the price on offer from IWL is totally inadequate. JDV believes the price ...

GPT to team up with Babcock & Brown

... investors," chairman of GPT's independent directors Peter Joseph said. The proposal has the unanimous support of the independent directors and Lend Lease respects GPT's decision to put the proposal to unitholders. According to GPT the internalisation ...

Lend Lease and GPT: The urge to merge

... Lease shareholders. Lend Lease has lodged an explanatory memorandum outlining the details of the merger with ASIC. The independent report by Ernst & Young is included in the memorandum. Lend Lease shareholders will vote on the proposal on 17 November ...

Babcock & Brown announces board

AAP  |  FRIDAY, 3 SEP 2004
... Brown founder Jim Babcock will head the board as executive chairman, based in San Francisco in the United States. The independent non-executive directors are Elizabeth Nosworthy who will be deputy chairman, and Ian Martin and Michael Sharpe. Nosworthy ...

AXA shares soar 19% after resuming trading

AAP  |  FRIDAY, 6 AUG 2004
... 5.25 cents announced today. AXA SA has said it would not proceed with the proposal without the recommendation of the independent directors, the approval of AXA SA supervisory board and a number of other conditions including Australian government appr ...

GPT rejected enhanced offer - Lend Lease

AAP  |  WEDNESDAY, 28 JUL 2004
... board to recommend a merger as being in the best interests of GPT unitholders,\" said Peter Joseph, chairman of the independent directors which include Malcolm Latham, Elizabeth Nosworthy and Ken Moss. In a response last night, however, Lend Lease said ...

RG Capital directors endorse Macquarie takeover after report

AAP  |  TUESDAY, 20 JUL 2004
Macquarie Bank\'s $173 million bid for Reg Grundy\'s RG Capital Radio is within the independent expert\'s range for the value of the company\'s shares. RG Capital\'s directors on Monday recommended shareholders, in the absence of a higher offer, vote ...

Independent expert says Westfield merger in investors interests

AAP  |  WEDNESDAY, 26 MAY 2004
... unitholders are receiving an equitable share of the merged group relative to their contributions to market value," the independent expert's report said. Westfield said the explanatory memorandum that was released today confirms the key financial data ...