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Showing 511 - 520 of 2015 results for "BID"

Departure at Perpetual small caps team

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... to buy a 75% interest in US-based value manager Barrow, Hanley, Mewhinney & Strauss. It has since pruned its offering and bid farewell to some investors, including lead global equities portfolio manager Garry Laurence as Perpetual handed over the management ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... super funds' broader business operations, and strategic planning and the continual review of products and operations in a bid to deliver quality outcomes for members. Rowell said she expects trustees to have progressed well in completing their first ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... investors compared to other Australian equity ETFs. It also noted that due to secondary market trading in the funds, average bid-offer spreads are higher than those of other Australian equity ETFs. ETF Securities said unitholders have three options - ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
Tony Pitt's 360 Capital is back with a 13% higher offer for Evans and Partners shareholders, after its October 27 bid was rejected. 360 Capital is now offering the remaining shareholders of EPI 69 cents per share, split as 30 cents per EP1 share and ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... Link rejected the offer made by the consortium led by Pacific Equity Partners and Carlyle Group. The consortium had upped its bid from $5.20 per share to $5.40 via a scheme of arrangement, which Link also believed did not represent the value of the company. ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are "materially undervaluing IFT's high quality and unique portfolio of assets". AustralianSuper ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... Independently Owned Financial Professionals (AIOFP) has formed a strategic alliance with Tax & Super Australia (TSA) in a bid to have a louder voice when lobbying for the industry. The alliance will have a membership base of 10,000 with 4000 tax and ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A Nasdaq-listed firm has one-upped the Pacific Equity Partners and Carlyle Group consortium bid to acquire Link Group. SS&C Technology Holdings is offering $5.65 per share to acquire 100% of Link via a scheme of arrangement. Link shares closed at $4.96 ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... institutions decision to slash Buyer of Last Resort valuations. AMP is also in the midst of a portfolio review, with a takeover bid from Ares Management valuing the company at $1.85 per share still being considered.

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
Magnolia Capital has made a takeover bid for an ASX-listed real estate agent, which the latter claims the bid price is too low. Magnolia Equities III has put forth an off-market, cash takeover bid for The Agency Group (AU1). Magnolia is offering four ...