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Showing 671 - 680 of 1259 results for "Takeover"

Perpetual FUM stable despite KKR bid

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
... Perpetual Investments' future, with the company reporting that its clients have kept their money with the manager despite a takeover approach last month. In a statement to the ASX yesterday, Perpetual disclosed its funds under management (FUM) at 30 ...

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
... last trading day prior to the initial buyout announcement. While five of the directors have given the green light to the takeover, including AXA APH chairman Rick Allert, one director is still seeking further information before determining his position ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 NOV 2010
... were higher after the company said five of six of its independent directors, including its chair, would recommend AMP's takeover bid to shareholders. AXA was up nine cents, or 1.6 per cent, at $6.26, and AMP was down five cents, or one per cent, at $5.40. ...

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
... at more than $4 billion and the Asian business at more than $10 billion. AMP has already received ACCC approval for a takeover of AXA APH after its original bid for the company back in November '09 was given the green light by the regulator. That deal ...

New board at India Equities

RUTH LIEW  |  MONDAY, 8 NOV 2010
... news reports this morning. The news comes less than a week after boutique investment firm Bell IXL Investments made a takeover bid for India Equities Fund.

Toll roads lead global $50bn M&A activity

ELISE BURGESS  |  FRIDAY, 5 NOV 2010
... two years with toll roads at the top of the buy list. According to the latest UBS report, there are a number of major takeover targets in the infrastructure industry including RiverCity Motorway Group, ConnectEast and Macquarie Atlas Roads. The report ...

Bell IXL eyes India Equities

RUTH LIEW  |  THURSDAY, 4 NOV 2010
National Stock Exchange-listed boutique investment firm, Bell IXL Investments, has made a takeover bid for troubled listed investment company India Equities Fund (INE). Massimo Livio Cellante, managing director of Bell IXL, said in a letter to INE shareholders ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 NOV 2010
... a short statement on Thursday (AEDT), Canada's Industry Minister Tony Clement said he was not satisfied the proposed takeover was likely to be of net benefit to his country "at this time". Shares in BHP Billiton were up $1.07, or 2.47 per cent, at $43.70. ...

KKR bid signals more M&A in wealth mgmt

RUTH LIEW  |  TUESDAY, 2 NOV 2010
Kohlberg Kravis Roberts' takeover bid for Perpetual is an endorsement of the health of Australia's wealth management industry - and reinforces the appeal of the sector to global investors, says the chief executive of BT Investment Management. Emilio ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... Limited - and does not give the private equity firm access to client funds, the chairman of the committee overseeing the takeover deal told investors. "I would like to stress to all of our clients, that the KKR proposal is an offer for shares in Perpetual ...