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| | | ... the consideration securities if and when certain agreed milestones are not met over a three-year period to protect shareholders from downside risk. There is also the chance that the purchase price will reduce to $27.7 million if no third-party institutional ... |
| | | | ... exceptionally talented colleagues across the firm. I look forward to serving and supporting them, our clients, and our shareholders." Jacobs added: "It has been the highlight of my professional career to lead Lazard for the past 14 years and an honor ... |
| | | | ... offer is a proposed exit of GAM's funds management business fails to occur. The investor group said this is unfair to shareholders, needlessly favours the bidder, and is contrary to Swiss takeover law. "The condition would allow Liontrust to profit from ... |
| | | | ... by stability and high-touch service," he said. "This transaction will allow us to offer attractive returns to our shareholders and give us capacity to further invest and grow. With the new operating model and leadership team, UBS is well-equipped to ... |
| | | | ... willing to pay about CHF107 million ($180.2m) for the smaller fund manager. The transaction includes offering GAM shareholders 9.4 million new ordinary shares in Liontrust in which they will be allocated about 12.6%. London Stock Exchange-listed Liontrust ... |
| | | | ... conditions allowed; showed preferential treatment to that particular seller; and acted to the detriment of other AWN shareholders who didn't get the same opportunity to participate in the buyback. For this, Ord Minnett was fined $770,000. Meanwhile ... |
| | | | ... will be operated as a separate business within the HUB24 group. The leadership team and branding will remain as is. Shareholders of myprosperity will receive total consideration of $40 million of HUB24 shares and up to a further $11.5 million in shares ... |
| | | | ... infrastructure investments places her in a unique position within our industry. "Her experience with stakeholders, including shareholders, boards, government and finance across ours and many sectors is key for the evolving business environment we are ... |
| | | | ... provide meaningful opportunities for domestic and global clients." Yieldbroker's board has unanimously recommended shareholders vote in favour of the acquisition. The vote will be held on May 22. |
| | | | The Australian Shareholders' Association (ASA) has noted several issues it has with the government's super tax concessions proposals, including the taxing of unrealised profits on asset movements and lack of transition period. In its submission, the ... |
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