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Showing 611 - 620 of 2018 results for "BID"

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
The ASX-listed $7.2 billion real estate investment manager has launched a takeover bid for New Zealand-based Augusta Capital, set to acquire the firm's remaining shares for $122 million (NZD$130 million). It comes just over a month after Centuria Capital ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... the company. Speaking in a video update for shareholders of Thorney Opportunities (TOP) this week, Waislitz said IRESS's bid of 40 cents a share only takes OVH back to pre-COVID levels when the company is operationally strong. "..We are happy that ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... pay 7.0 cents per share, a premium to the 6.9 cents that shareholders would receive by selling into WAM Active's takeover bid, it said. WAM said the offer contains inadequate information on the value of Keybridge, which as a director of the firm Catalano ...

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... in the last year to no success, and Keybridge chief executive Nicholas Bolton has alleged WAM transferred the shares in a bid to control the company. Bolton has asked the court for the shares to be vested with ASIC for sale and WAM pay Keybridge's costs ...

Industry fund appoints administrator

HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
... million fully underwritten placement of around 14.4 million new fully paid ordinary shares, which will help the firm in its bid for the investment solutions provider. "The proceeds of the placement will be used to further strengthen Iress' balance sheet ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... solution to the government's debt problem, musing that the government may choose to overhaul the system's tax structure in a bid to pay off the debt over the next decade. Rice said that in light of the damage inflicted on the nation by COVID-19, the ...

Active versus passive: The debate continues

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
In the pre-pandemic world, there was a lot of talk around passive investment but now that the markets have taken investors on a rollercoaster ride, are the active managers leaving or just biding their time? GQG Partners chief investment officer Rajiv ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
Sydney's Clime Investment Management has emerged as a bidder for Madison Financial Group, which is currently in the process of being sold by OneVue. Madison, which is home to about 100 advisers, was previously owned by Sargon Capital but fell into ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...