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Showing 421 - 430 of 2014 results for "BID"

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... 36x EBITDA guidance. The offer follows an intense bidding war set off by Apex making a superior offer to SS&C's original bid of $2 per share, coming in at $2.55 per share. SS&C exercised its matching right and increased its bid to $2.56 per share ...

Dexus reports higher portfolio valuations

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... property assets. The Australian Unity Healthcare Property Trust holds 67 properties and is valued at $2.3 billion. In May, it bid to acquire APN Group that valued the latter at about $320 million. In April, the Dexus Wholesale Property Fund and the AMP ...

Another departure at AMP Capital

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... options for its public markets business, and demerges the private markets business after US-based Ares Management retracted its bid. AMP Capital has lost a number of senior staff, as well as clients in the past year. Serafim is the latest senior woman ...

J.P. Morgan AM acquires forestry manager

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
J.P. Morgan Asset Management has acquired a forest management and timberland investing firm in a bid to actively participate in carbon offset markets. BrightSphere Investment Group has sold its 75% stake in Campbell Global to J.P. Morgan AM for an undisclosed ...

Aware Super, MIRA acquisition progresses

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... acquisition of Vocus by a consortium made up of Aware Super and Macquarie Infrastructure and Real Assets (MIRA). The consortium's bid values Vocus at $5.50 per share, which is a 31.8% premium to the 1-month VWAP prior to the offer. There is also a $35 ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... maximises outcomes for consumers. The financial services Royal Commission recommended the annual renewal obligations in a bid to stamp out the fee-for-no-service problem that plagued the advice industry. The Association of Financial Advisers (AFA) acting ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
We really do see what we want to see and hear what we want to hear... and rationalise accordingly. How else does one explain the US equity market's opposing reaction to the two most important indicators the Fed watches in determining its next policy ...

FinClear to acquire BNY subsidiary

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... settlements business to FinClear for an undisclosed amount. FinClear is set to takeover Pershing Securities Australia in a bid to scale and enhance Holder Identification Number (HIN)-based platform services. FinClear said it is too early in the process ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... the amount it made in the prior corresponding period. VTH traded at about 78 cents per share prior to MAFM announcing its bid. It closed at $1.30 per share on June 4.

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
"Boom boom boom boom!" - Vengaboys The Australian property market should adopt this as its official anthem. The property craze in this Land Down Under is best portrayed by an article in the Daily Telegraph telling the story about "a mouldy 1970s house ...