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Showing 561 - 570 of 2015 results for "BID"

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting the ...

AMP flags redundancies

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
... transformational changes to its business and culture. The firm is currently undertaking changes to its global workforce in a bid to centralise some business services. "Our focus is on continuing to reshape the organisation to drive efficiency and support ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The billionaire investor is set to ask OneVue shareholders to bid against Iress's revised offer for 43 cents per share, ahead of a shareholder vote on October 9. Iress yesterday upped it June 1 offer of 40 cents to acquire OneVue to 43 cents. But the ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

BlackRock clamps down on work romances

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest. BlackRock staff members were recently told to tell their superiors about romantic relationships ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... examples of Best Interest Duty in life insurance. The report said ASIC included in RG 175 examples of the application of the BID in various circumstances, but there are no "useful examples" for life insurance. The report said the Taskforce considers ...

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...

MLC Wealth risk lead departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... Sutherland has been chief risk officer (advice) at MLC Wealth for eight months. Pryor said on LinkedIn: "Right now, I want to bid farewell to my colleagues of the past 4.5 years at MLC. Thank you. It has been an amazing time during which I have forged ...