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Showing 521 - 530 of 2058 results for "BID"

Aware Super, Macquarie to acquire Vocus

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... the consortium. The Vocus board has unanimously recommended shareholders accept the proposal, which comes after MIRA made a bid by itself back in February. Aware Super joined MIRA in the deal on February 23. The bid values Vocus at $5.50 per share, which ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist. Capital Group economist Darrell Spence is optimistic that by September ...

AMP and Ares enter JV

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
After backing out of its bid to acquire AMP, Ares Management has announced it is pursuing a joint venture with AMP and taking control of AMP Capital's private markets business. In the joint venture, Ares will assume the management control of the ...

VanEck readies new ETF

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
VanEck will launch a new global equities ETF that tracks 30 listed companies in the clean energy sector. VanEck said it expects the ETF to start trading on the ASX in the coming weeks, subject to regulatory approval under the ticker CLNE, for The VanEck ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... said. Ares backed out of its non-indicative proposal to acquire 100% of the AMP business for $1.85 per share but the Ares bid or AMP Capital is still very much on the table. De Ferrari said Ares' core capability is in the asset management and the ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...