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Showing 451 - 460 of 2736 results for "Shareholders"

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... 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 ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... 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 ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... 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 ...

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... 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 ...

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... 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 ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
... 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 ...

HUB24 to buy myprosperity

CASSANDRA BALDINI  |  WEDNESDAY, 3 MAY 2023
... 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 ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... 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 ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... 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.

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
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 ...