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Showing 471 - 480 of 6902 results for "shares"

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... its environmental, social, and governance (ESG) policy strictly excludes such investments. Morningstar's International Shares (Unhedged) Fund invested in controversial weapons-making companies Honeywell International, General Dynamics, Leidos Holdings ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling about US$876 million) to charitable foundations run by his children, including The Susan ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... Rate plus 4% while investing in ASX-listed securities including hybrid securities, bonds, fixed interest securities, bank shares, property trusts, high-yielding industrial shares, and buy and write option strategies. As at October end, the fund had just ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
While fears of a recession and market correction, and runaway inflation have caused small-cap stocks to underperform over the past couple of years, the opportunity for growth has never been greater, according to Flinders Investment Partners (Flinders) ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... November 2021, Netwealth proposed a $785 million merger with Praemium, offering one new share for every 11.96 Praemium shares, plus a cash consideration. The proposal represented a 29% premium over Praemium's October 27 closing price of $1.16 but was ...

Scarcity Partners brings private equity investment model to Australia

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... fees. Previously, investors could only participate in this type of investment on a deal-by-deal basis or by purchasing shares in publicly listed investment managers. Scarcity Partners founding partner Adrian Whittingham explained that an opportunity ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the insurer, using a combination of cash and debt to fund the acquisition. This equates to 19.9% ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... The process kicked off when it was revealed Regal Partners had lobbed a bid to buy PAC for $7.50 per share plus 2.2 GQG shares per PAC share, representing $3.62, back in March. It partnered with River Capital on the proposal but ultimately abandoned ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... comprising AMP shareholders and others who claim to have suffered loss or damage because of the misconduct and who acquired AMP shares May 2012 and 13 April 2018. The overall settlement approved is $110 million. Of this, $32,000 will each be provided ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... presented its non-binding indicative offer, stating its intention to pay $1.4083 per share for the outstanding Diverger shares, amounting to 37,674,103. Its proposal originally implied a $56 million equity value for Diverger and represented a 32% premium ...