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Showing 31 - 40 of 238 results for "Public Offering"

Boutique fund manager eyes second LIC

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... plans to raise upwards of $300 million for the new venture. Cadence Capital confirmed it will launch an initial public offering (IPO) for the Cadence Opportunities Fund (ASX:CDO) in the coming months. It plans to trade more actively than the firm's first ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... services business within its Retail Banking Services Division. In April the bank announced it would pursue an initial public offering for CFSGAM which was expected to be completed by the end of this year. CBA chief executive Matt Comyn said that as the ...

Prospa postpones IPO after consultation with Macquarie, UBS

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
Prospa has postponed its initial public offering on the ASX after consultation with joint IPO lead managers UBS and Macquarie. Initially pausing just prior to its listing, the small business lender has confirmed the further postponement of its IPO. ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... operations so as to become "focused on core banking." NAB said options for the sale include a demerger or an initial public offering, and that it is targeting listing for MLC by the end of 2019. Rainmaker added the small number of insurers with an increased ...

WAM CIO steps down from LIC board

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... Research, WAM Active and WAM Microcap. WAM chair Geoff Wilson recently updated investors regarding the initial public offering for WAM Global, saying interest "remains strong" and the IPO has now exceeded $330 million. WAM Global will now accept oversubscriptions ...

Robeco wins two mandates worth $500m

ALEX BURKE  |  MONDAY, 28 MAY 2018
Robeco was awarded mandates, collectively representing $500 million, by two financial institutions in Australia and New Zealand. While the institutions haven't been named, both made investments in Robeco's fundamental global credits strategy. ...

Argo chairman retires

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... association with the firm. He served as inaugural chair of the listed investment company, leading it through an initial public offering, which at the time was the largest IPO of its kind for a LIC. Appointed as his successor in both chairmanships is ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... deferred settlement trading period." The third proposal would allow naked short sales in connection with initial public offering (IPO) sell-downs made through a special purpose vehicle (where existing shareholders of a company sell their shares through ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... date of 21 June 2018. It will issue 8.4 million shares at $1.80, valuing the company at about $119 million. The public offering was first flagged in April. Raiz managing director George Lucas said the funds will be used to support growth in Australia ...

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
InvestSMART will launch an initial public offering for an actively-managed equity income ETF on May 14. The InvestSMART Australian Equity Income Fund (managed fund), trading under the ticker code INIF, will mirror InvestSMART's Australian Equity Income ...