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

Search Results

Showing 571 - 580 of 2802 results for "Shareholders"

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... director Brendan O'Connor said. "We firmly believe the improved proposal creates significantly more value for Perpetual shareholders as compared to the Pendal transaction, requiring only limited engagement to progress the improved proposal so as to maximise ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... Perpetual's chief risk officer. A scheme booklet, which will provide more details on the offer, is expected to be issued to shareholders in November ahead of the scheme meeting, which is targeted for December. On the deal update, Good said: "The ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... offer is uncertain and conditional, and the Perpetual board believes that it is not in the best interests of its shareholders to engage on this offer and has therefore rejected the offer," Perpetual said. Perpetual oversees about $200 billion and is ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... Standard, ClearView began its strategic review process in September 2021, with the objective of maximising value for all shareholders, determining the optimal future direction of ClearView to protect and enhance customer and policyholder outcomes, and ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... otherwise making sustainability-related claims and urge companies and their advisers to ensure their communication to shareholders, members and the broader market is accurate and has a reasonable basis. "Companies are on notice that ASIC is actively ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... developed a revised proposal that was structures as an upfront cash payment of $3.81 per Link Group share to Link shareholders on the implementation of the scheme, plus a contingent payment, payable under certain circumstances. There was a contingent ...

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
... short/long strategies and co-head of research, Dr David Allen, said he's pleased to support Future Generation and deliver shareholders a global equities exposure without the usual associated carbon footprint. "The core values that underpin the fund are ...

BlackRock appoints new chief financial officer

ELIZABETH FRY  |  THURSDAY, 6 OCT 2022
... deep knowledge of the firm and our people," he said. "As Martin steps into this new role as CFO, BlackRock and our shareholders will benefit from his broad understanding of the firm, sharp intellect and years of experience working with our clients in ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
... productively utilise their capital at all times and not merely hold cash until such a time as it's distributed to shareholders," LICAT said. Moreover, the process of a company raising capital to create liquidity has nothing whatsoever to do with tax ...

Acquisitions underpin WT Financial Group results

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
... acquisitions then you probably want it to reflect in your results. "The neat part is it shows we've got a group of shareholders that are very committed to the space. You don't go and invest $20 million in acquisitions without having real confidence ...