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Showing 711 - 720 of 16259 results for "Share"

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... latter's shareholders. The announcement follows L1 Capital buying a substantial interest in Platinum, acquiring a 9.6% share from Platinum founder Kerr Neilson. Neilson also granted the firm a call option over part of his remaining interest which ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... already bearing a higher burden of administration costs and it is unfair to further increase this with a disproportionate share of the levies required to fund the regulation of the system. "We acknowledge that current government policies aim to encourage ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... completed the restructure of its investment in Aether, exchanging its equity ownership for an ongoing contractual revenue share and liquidation preference arrangement. Last December, the multi-boutique made two divestments. It offloaded all its investment ...

New Forests buys into Burapha

KARREN VERGARA  |  TUESDAY, 29 APR 2025
New Forests has acquired a majority interest in Burapha Agro-Forestry, a timber plantation forestry company in Laos. New Forests' Tropical Asia Forest Fund 2 (TAFF2) together with Mirova's sustainable land use strategy have invested in Burapha ...

FNZ faces revolt from employee shareholders

KARREN VERGARA  |  TUESDAY, 29 APR 2025
FNZ employee shareholders are revolting against the global technology firm for allegedly diluting their ownership by US$4.5 billion with three capital raises in 12 months. A group of past and present FNZ employees are threatening a class action against ...

Datt Capital sets in motion Koonenberry Gold board spill

KARREN VERGARA  |  TUESDAY, 29 APR 2025
... value from shareholders to the board," estimating a potential $5.4 million dilution to shareholder value, assuming a 20-cent share price. The package could dilute existing shareholders by almost 6% without delivering tangible benefits. "The vesting terms ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... touchpoints and customer complaints. "AFCA investigated delays impacting a number of consumers in processing refunds for cancelled share recommendation subscription services, particularly those cancelled within the cooling-off period," it said. In one ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
ETF Shares, Australia's first new index ETF issuer in more than a decade and the country's only locally owned provider, is preparing to launch. The firm is led by Cliff Man as chief executive, David Tuckwell as chief investment officer, and Arjun Shanker ...

ASX launches review into shareholder approvals

ELIZA BAVIN  |  MONDAY, 28 APR 2025
The Australian Securities Exchange (ASX) has launched a review into listing rules related to shareholder approval requirements, particularly when it comes to mergers and acquisitions. The ASX said due to "heightened investor interest" around the James ...

TWC bolsters investment team

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
TWC Investment Management, a founder-owned and led boutique, has added a senior quant to its team. Diana Olteanu-Veerman has joined the firm led by former executives from PGIM, Goldman Sachs and Credit Suisse. The firm, led by former executives from ...