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Showing 571 - 580 of 2015 results for "BID"

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
... increase Praemium's funds under administration to over $28 billion. Praemium advanced a $55.6 million off-market takeover bid to acquire Powerwrap in early July, with chair Barry Lewin at the time noting the merger would be "an exciting opportunity ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... this very strong endorsement of the new investment strategy will now be respected by all shareholders." It comes after WAM bid to manage the LIC, at the time arguing its proposal was far superior to that endorsed by the board of CIE. "Our proposal is ...

Geoff Wilson feels sorry for CLF shareholders

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
... WAM chair Geoff Wilson has said he feels sorry for CLF shareholders after Concentrated Leaders Fund has rejected a takeover bid proposed by WAM Capital. WAM chair Geoff Wilson told Financial Standard : "I actually feel sorry for CLF shareholders as it ...

Uniti ups bid to compete with First State Super

ALLY SELBY  |  TUESDAY, 15 SEP 2020
Telecommunications company Uniti Group has upped its bid for listed telco OptiComm, as it goes head to head with First State Super to take the company private. It comes as Uniti also secures a 19.5% stake in OptiComm shares though commitments from a ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. The updated document comes ...

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
An ASX-listed fintech has launched a capital raising to acquire Wirecard's Australia and New Zealand business. Change Financial, a US-focused fintech company, announced it has entered into a binding agreement to acquire all of business assets or Wirecard ...

First State Super makes first take-private bid

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
First State Super, soon to be Aware Super, has made a bid to acquire 100% of the shares in a listed telco, in what comes as the super fund's first direct bid for an ASX-listed company. The $95 billion industry super fund has made a bid to acquire ...

WAM wins Blue Sky bid, appoints directors

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
Shareholders of embattled alternatives investments company Blue Sky have voted in favour of joining the Wilson Asset Management stable at an extraordinary general meeting held yesterday afternoon. The investment company's name will be changed to WAM ...

Millennials jump on COVID-19 volatility

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... already or considering investing in the near future, while 31% have actively invested as a direct consequence of COVID-19, in a bid to capitalise on the continued market volatility. The study showed that Australian millennials, who face a low interest ...

Ardea IM announces research partnership

ALLY SELBY  |  TUESDAY, 8 SEP 2020
... appointment of Ryan earlier this year, who was brought on to research and develop relative value investment strategies in a bid to support Ardea's growing investment capabilities.