Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 541 - 550 of 2015 results for "BID"

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
"A whole new world A new fantastic point of view..." -Zayn Malik, Zhavia Ward Former vice-president Joe Biden is now POTUS-elect, breaking the record for the most votes (70 million plus votes and counting) received by a presidential candidate in US ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... Management Corporation last October set up a joint venture with Challenger's Fidante Partners. Separately, Ares this month bid $1.85 per share (indicative) to acquire AMP.

AMP welcomes board director

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... contributions on the board as we transform AMP." The appointment comes following the announcement that Ares Management has bid to takeover 100% of AMP at $1.85 a share, valuing the company at $6.35 billion.

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...

Aware Super, OptiComm deal still alive

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... it has had no contact from Aware Super since it received an offer from Uniti, a telecommunications company. Aware Super had bid to acquire 100% of OptiComm twice, with Uniti outbidding the fund each time. Under Aware's most recent proposal, OptiComm ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
AMP has announced the takeover proposal from Ares Management was at an implied value of $1.85 a share, totaling around $6.35 billion. The offer, disclosed by AMP to the ASX on Friday, is at a 20% premium to the company's most recent closing price ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... Data Analytics Mathan Somasundaram told Financial Standard it is likely in the realm of around $1.80-$2.00 per share. "The bid looks to be lower than where the sum of the parts range is likely to fall. After you discount for the problems and brand damage ...

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
Link Group has rejected another offer made by the consortium which increased its bid to $5.40. The consortium led by Pacific Equity Partners and Carlyle Group increased its offer price on October 26. After careful consideration, Link rejected the offer ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... created new opportunities in Money Market funds," he said. On October 23, the group and Pacific Equity Partners upped its bid price to acquire Link to $5.40 per share, 20 cents more than its previous offer. The consortium's previous proposal for ...