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Showing 591 - 600 of 2735 results for "Shareholders"

AustralianSuper announces joint venture

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 MAR 2022
... faster, delivering new homes and workspace, creating new opportunities for local people and delivering value for our shareholders." AustralianSuper senior investment director property, UK Paul Clark said the investment is a once in a lifetime investment ...

AGL rejects another takeover bid

KARREN VERGARA  |  MONDAY, 7 MAR 2022
... different from the first offer. "The revised unsolicited proposal continues to ignore the opportunity that AGL Energy shareholders have through our proposed demerger to realise potential future value," Botten said. "It also ignores the momentum we have ...

Moomoo launches down under

CHLOE WALKER  |  MONDAY, 7 MAR 2022
... investors. "Approximately 6.6 million Australians have investments in direct shares and yet only 15% of Australian shareholders own international securities having been isolated from overseas markets due to a lack of existing affordable and accessible ...

Mirae to launch local ETF suite

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
... year, TA Associates took about a 50% stake in BetaShares Holdings, replacing Mirae's holding and some minority shareholders. The sale price and actual stake were not disclosed. Global X, headed by chief executive Luis Berruga, offers ETFs across ...

AGL rejects Cannon-Brookes, Brookfield bid

ELIZABETH MCARTHUR  |  MONDAY, 21 FEB 2022
... per share. The board of AGL said the offer "materially undervalues" the company and is not in the best interests of shareholders. The proposal represented a 4.7% premium on Friday's closing price of $7.16, and a 4.2% premium on the average share price ...

HUB24 completes Class acquisition

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... two roles. As part of the deal, HUB24 issued 11.4 million ordinary shares and paid $15.7 million in cash to Class shareholders. The newly issued HUB24 shares were expected to commence trading on the ASX on February 17. HUB24 chief executive Andrew Alcock ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... customers and stakeholders," he said. Crown chair Ziggy Switkowski agreed that the deal represents good value for shareholders. "The board has fully considered the Blackstone Transaction and unanimously recommends the proposal, subject to customary conditions ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... future, saying it may look to spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether it would be better off "asset-light" ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... decreased the accountability of boards and management," Rennie said. "Boards are ultimately responsible to their shareholders. Restricting the ability of certain investors to access advice in the lead up to a vote could limit their ability to exercise ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... investors. The WMWA has written to 13 super funds which invest in Rio Tinto, asking them to exercise their powers as shareholders to act on the report. The independent report was recently released by Elizabeth Broderick and Co. It found that, of all ...