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Showing 581 - 590 of 2735 results for "Shareholders"

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... operations and does not take that same approach in its employee retirement investments. "The SEC has determined that shareholders asking Amazon why its retirement plan directs employee savings into big oil and companies burning down the Amazon is a valid ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... mortgages business. It was originally intended that the net proceeds from the sale of mortgages would be distributed to shareholders. In a release today, Iress chief executive Andrew Walsh said: "As part of a board-led strategy review in 2021, it was ...

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... trading halt, with the offer based on its closing share price of $34.23. Based on the proposed scrip offer, Pendal shareholders would own approximately 48% of the merged entity. The proposal, which amounts to $6.23 per Pendal share, represents a 0.3% ...

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... Hall as the acquirer of all the units in Irongate Property Fund II on implementation of the transaction. Irongate shareholders will receive $1.90 in cash per share and retain the latest distribution which was just shy of five cents. Irongate's board ...

AustralianSuper in $3.58bn telecoms acquisition

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... Singtel. Following this acquisition, AustralianSuper's stake in the combined ATN/Axicom business will be 82%. Axicom's shareholders were a consortium led by Macquarie Infrastructure and Real Assets that also include UniSuper and UBS. Axicom is a high-quality ...

Janus Henderson appoints new chief executive

CHLOE WALKER  |  THURSDAY, 24 MAR 2022
... the necessary strategic expertise to help drive the firm's next phase of growth for the benefit of our clients and shareholders". "The board is confident that Ali is the ideal choice to lead this great company into its next phase of growth and value ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... federal tax law in the US requires that when a target date fund sells assets it distributes any capital gains to shareholders. Investors who hold target date funds in tax advantaged accounts can simply reinvest these distributions, without incurring ...

Leadership shuffle, redundancies at OpenMarkets

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... SelfWealth confirmed that it engages in and assesses acquisition offers or proposals which may add value for its shareholders. However, the company said it is not currently sufficiently advanced with any such initiatives that it can warrant disclosure ...

BNY Mellon announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... directors Joseph Echevarria commented: "As Todd retires after nearly four decades of service to the company and its shareholders, including his outstanding leadership through the global pandemic, we want to thank Todd for his many contributions. "He ...