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Showing 761 - 770 of 2018 results for "BID"

Zenith introduces shareholder voting advice

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... best for individual clients once the voting results are formalised," Zenith said. A case in point is the recent WAM Capital bid for Wealth Defender Equities. WAM's 84-page bidder's statement is a document advisers need to absorb and interpret before ...

Investa Office Fund's Canadian bidder ups the stakes

KANIKA SOOD  |  MONDAY, 17 SEP 2018
A Canadian real estate group has topped private equity juggernaut Blackstone's bid for the Investa Office Fund. Oxford Properties Group offered to pay $5.60 per share in cash to acquire 100% of IOF, according to company filings on Friday. This is 10 ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
WAM Capital has opened a month-long offer to shareholders of a LIC that it wants to take over, with bidder's statements distributed yesterday. Last month WAM Capital said it would attempt to take over a listed invested Wealth Defender Equities (WDE) ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... international equities by 30% in the first half of 2018, as well as upped exposure to listed investment companies and trusts in a bid to reach new markets. According to the latest Commsec SMSF Trading Trends Report, SMSF investors are increasingly turning ...

AustralianSuper secures WestConnex stake

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... consortium, which comprises Transurban, AustralianSuper, Canada Pension Plan Investment Board and Tawreed, made a successful 51% bid for WestConnex. The winning consortium will pay $9.26 billion, with proceeds from the 42-year concession funding the ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... Perennial that it says has consistently "underperformed" since inception. WAM Capital made a conditional off-market takeover bid for Wealth Defender Equities Limited (ASX: WDE) overnight for a price of $0.996 per share. This represents a 15% premium ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... at 1.8x. Radar noted some providers of legacy products have been switching off the trail commissions paid to licensees in a bid to put clients' best interest first. One risk insurance register's value dropped by about 13% - or about $100,000 ...

Industry fund recognised for data security expertise

DARREN SNYDER  |  TUESDAY, 28 AUG 2018
... largest industry superannuation funds is being rewarded for its data management capabilities, winning a multi-billion dollar bid to operate Victoria's land titles and registry business for the next 40 years. First State Super will pay the Victorian Government ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... Lucsan and integrated it into XPLAN, building on its data analytics capability. The company said it is experiencing strong bid activity for superannuation suite, subject to client decisions and timing of implementations. IRESS' lending segment recorded ...