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Showing 721 - 730 of 2060 results for "BID"

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... potentially vying for the business were Ord Minnett, Shaw and Partners and Wilsons, with Ord Minnett originally tipped to win the bid. CBA confirmed back in June this year that it was considering the sale after offloading Count Financial for $2.5 million. ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... billion in August this year. HKEX said the proposed transaction will only go ahead if the Refinitiv takeover does not. The bid comes at a crucial time for both, with Britain looking to strengthen its financial sector in the face of a looming Brexit ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... the merger costs on the investment side can be higher if the two funds have more pooled investment structures (which have bid offer spreads) instead of mandates or vastly different portfolios. Treatment of franking credits in equities portfolios In combining ...

AustralianSuper hires from VFMC

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
... and will be an important part of the team as AustralianSuper looks to build out its internal investment capabilities in a bid to deliver the best possible return to members," an AustralianSuper spokesperson said. Australia's largest superannuation ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... BLA). The appointment did not apply to Blue Sky Alternative Access Fund (ASX: BAF) or other subsidiaries. In June, Blue Sky bid farewell to its chief executive Joel Cann, after a strategic assessment determined the role "is no longer required".

Pension fund to buy British Steel

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
The pension fund for the Turkish army emerged as the preferred bidder for the British Steel, four months after it was forced into liquidation. British Steel granted Ataer Holdings A.S. detailed due diligence in mid-August ahead of a full sale. Ataer ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... underperforming its peers). Growing uncertainties - global growth, political, geo-political - will keep the Japanese yen well-bid, frustrating the Japanese central bank's efforts at lifting inflation. Already, the BOJ's small progress on core ...

Risk advisory firms merge

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
... about $55 million in premiums under management. MBS Insurance (MBS) and Complete Risk Analysis (CRA) will join forces in a bid to increase scale and improve efficiencies. The newly merged entity will become one of the industry's largest risk insurance ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
A Sydney small caps boutique has signed an exclusive retail distribution agreement with Zurich Investments and has also won the mandate to manage Zurich's $60 million small companies fund. Zurich Investments will now be the sole distributor of the ...

Clime Capital settles class action

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... to gain about $8.3 million, which includes the reimbursement of project costs. Clime recently made an off-market takeover bid for listed investment company CBG Capital (CBC). The merger is anticipated to create a $137.2 million Australian equities LIC. ...