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Showing 431 - 440 of 2058 results for "BID"

360 Capital bids for property fund manager

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... runs two funds: Irongate Property Fund I and Irongate Property Fund II. 360 Capital is offering $1.65 per share in IAP. The bid price factors in a 10% premium to IAP's closing price of $1.50 on October 15 and a 36.4% premium to the trading price ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
In a bid to expand nationally, Fiducian has helped one of its practices acquire clients with $38 million in funds under advice. Fiducian said it assisted the unnamed practice based in the Albury/Wodonga area by providing support services worth $360,000. ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... equivalent to 36x EBITDA guidance. It 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 ...

Pendal makes changes in BIDS business

JAMIE WILLIAMSON  |  WEDNESDAY, 6 OCT 2021
Pendal is realigning some aspects of its investments team, in a move that will see Vimal Gor's role change and four members of the broader team made redundant. In an internal announcement last Friday morning, the Pendal team was informed that the ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid is subject to several conditions. WAM wants PAF's net tangible assets not to fall more than 5% and that the market value ...

More departures at EISS Super

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Just a week on from the exit of its chief executive, EISS Super has also now bid farewell to its chair and several directors. Fund chair Warren Mundy has departed the fund, alongside directors Mike Roche, Juliet Dunworth and Thomas Costa. Roche had ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The European private equity firm has abandoned its plans to acquire Iress with both parties unable to agree to a transaction. Last week Iress granted EQT a further 10 days to complete its due diligence after an initial 30-day access on August 11. EQT's ...

IFM Investors' Sydney Airport dream still alive

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... rejected bids, Sydney Airport announced to the ASX that it is considering the consortium's (Sydney Aviation Alliance) latest bid of $8.75 cash per share. The consortium is comprised of IFM Investors, QSuper and Global Infrastructure Management and now ...

EQT gets 10 more days of due diligence at Iress

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... its due diligence. The European private equity firm was granted 30-day access to Iress's books on August 11, at its third bid. EQT's third offer was to acquire Iress shares at $15.91 plus a 16-cent dividend per share as it caved on previous offers that ...