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Showing 731 - 740 of 2737 results for "Shareholders"

VGI appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... to take our company strategy forward, with the skills and experience needed to drive long-term value for all our shareholders," Luciano said. "Jonathan's appointment is part of our focus to further build out VGI's investor relations, operational ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... their AFSL, a process in which the buyer will acquire the company that owns the asset or the AFSL. "Directors and shareholders are replaced, and usually, the existing Responsible Manager (RM) will remain in place unless the purchaser has an RM. Sometimes ...

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... revenue of $22.2 million and net profit of $4.1 million. The board of Mortgage Choice has unanimously recommended that shareholders vote in favour of the REA Group acquisition in the absence of a superior proposal. Mortgage Choice chief executive Susan ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... He added that if the Ares deal doesn't succeed, 100% of AMP Capital should be distributed in specie to current AMP shareholders. The private markets transaction, if it goes ahead, is valued at $2.25 billion with Ares outlaying $1.35 billion for its stake. ...

Multi-boutique adds partner

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... consideration will be deferred until July 2021. It will have a minority shareholding via buying out non-management Astarte shareholders. PAC has over 12 boutique partners that had $112.8 billion in combined funds under management as at December 2020 ...

Kin Group bids to takeover McPherson's

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
... acquire the MCP. Kin Group is the family office established by Raphael and Fiona Geminder. McPherson's recommended shareholders take no action on the offer. "The board of MCP considers this offer to be utterly opportunistic and profoundly undervalues ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
... banner in due course. The acquisition was funded by the issue of three million HGL shares, with the move approved by shareholders at the HGL annual general meeting on 24 February 2021. The acquisition represents HGL's re-entry into funds management. ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... said. He said if the Ares agreement does not proceed 100% of AMP Capital should be distributed in specie to current shareholders of AMP Limited, akin to BHP and South32.

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
The corporate regulator will take a "no action" position on companies holding their annual general meetings via videoconferencing as the COVID protections lapse. ASIC's no action position will: support the holding of meetings using appropriate technology ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... Argo Investments (1.47%) and Australian Foundation Investment Company Limited (0.91%) were also among the 20-largest shareholders at the time.