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Showing 511 - 520 of 1947 results for "Proposal"

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
Link Group confirmed SS&C has withdrawn its takeover proposal. The SS&C Technology holdings proposal, announced in October 2020, offered $5.65 per share for 100% of Link via a scheme of arrangement, after the original offer of $4.96 was rejected by ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Link Group has responded to the recent takeover proposal from SS&C Technology Holdings, saying it inappropriately values the company but will allow the commencement of due diligence with the hopes of a better offer. As announced on Monday, SS&C Technology ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... recognising a control premium and avoid the need to make a takeover offer for that business, IFT said. The super fund said its proposal, if implemented, would "unlock significant value for Infratil shareholders and seeks engagement with the Infratil ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... with the executive team underscored by a confidentiality agreement. Yesterday, Link said it will consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders do not need to take any action in relation to the SS&C ...

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
... Magnolia and Honan Insurance Group. The bidder has highlighted its "significant concerns" about a report (the Peters proposal) that deemed the offer price undervalued AU1. Another independent report by Nexia Peth Corporate Finance described said report ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... female and one person who identifies as either an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities and Exchange Commission that also requests companies to publicly disclose "consistent, transparent diversity ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... reform with its plan to make stamp duty optional, granting homeowners the ability to pay an annual land tax instead. The proposal follows the release of the NSW Review of Federal Financial Relations, also known as the Thodey report, earlier this year ...

Super fund reappoints insurer

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... We look forward to continuing to deliver great outcomes for our members with TAL," she said. Walker said the stapling proposal in the Budget, whereby members stay in the first fund they join, highlights the importance of maintaining default insurance ...

Aware Super, OptiComm deal still alive

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... Super had bid to acquire 100% of OptiComm twice, with Uniti outbidding the fund each time. Under Aware's most recent proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive of a dividend of 10 cents). Aware's offer ...

Dorsey holds reigns at Twitter

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
... before the end of the year," Twitter said. The committee made a number of recommendations to the board including adding a proposal to amend Twitter's certificate of incorporation and bylaws to eliminate its classified board structure. "The board will ...