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Showing 31 - 40 of 1839 results for "BID"

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... failed in their takeover of Link in recent years. Following a years' long courtship, Ontario-based Dye & Durham's bid to acquire Link for $2.9 billion collapsed in September 2022. In 2021, Carlyle Asia Partners offered to acquire 100% of Link ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
After its bid to acquire Perpetual was rejected, Washington H. Soul Pattinson (WHSP) has increased its ownership in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying ...

Fahour takes top job at Gurner Group

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... billion Melbourne Square precinct. In June, GQ expanded its pipeline to 3650 apartments in both Melbourne and Brisbane, in a bid to deliver "much needed apartment stock" to the market.

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... Rule 6.1.1 as, between 1 January 2021 and 11 October 2022, the BLX crossing system was incorrectly referencing the ASX best bid and offer, rather than the National Best Bid and Offer (NBBO). During this period, 3093 trades - valued at about $13.5 million ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... funds, which have progressively moved from zero to 30% allocations to global private markets over the last 20 years. In a bid to temper the volatile macroeconomic environment and capital markets, many financial advisers seek better risk-adjusted returns ...

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
Restructuring in line with a new global strategy, Bravura Solutions (Bravura) has promoted Paul Dunn and Chris Spencer to regional chief executives. Dunn, who has spent five years at Bravura, will step into the role of APAC chief executive. With more ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... were "a logical extension" of the "legally correct case" it was now bringing. On October 25, the Federal Court rejected the bid, saying the fresh claims would place Mawhinney in "significantly greater jeopardy." ASIC must now pay all costs incurred by ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
AustralianSuper has savaged Brookfield and EIG's eleventh-hour bid to acquire Origin Energy, emphatically asserting its intention to oppose a "low-ball" offer for the ASX-listed generator and retailer. The consortiums revised proposal under the ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (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 ...