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Showing 771 - 780 of 2018 results for "BID"

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Yellow Brick Road has rejected a takeover bid claiming the offer price was too low and "opportunistic." Mercantile OFM (a wholly owned subsidiary of ASX-listed Mercantile Investment Company) yesterday submitted an off-market takeover bid to ASIC to ...

Property fund makes $143m bid to internalise management

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The Aventus Retail Property Fund has floated a proposal to pay $143 million for its management functions to be internalised. The fund is currently managed by an external entity, and directors and its responsible entity see immediate benefits to earnings ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... issue which has now plagued NAB during the first week of superannuation hearings. Returning to the witness stand after NAB's bid to keep some documents secret was rejected by Commissioner Kenneth Hayne, Smith was bombarded with questions arising from ...

ASIC identifies potential risks in ETP market

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... SMSFs and retail investors' growing investment in the vehicles. The three risks in the ETP markets were: temporary widening of bid/offer spreads, publishing frequency of iNAV (indicative net asset value), and market concentration among providers. The ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... strategic priorities. Westpac's $10 billion investment arm recently awarded a mandate to Principal Global Investors Australia in a bid to broaden its approach to listed real estate assets. Principal Global Investors Australia picked up a number of investment ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... higher-rate corporate or bank bond; people tend to sell them less often while rebalancing their portfolios; and getting a bid can take more time. It remains to be seen what will happen as interest rates rise and whether more people will default on their ...

Macquarie shuffles infrastructure debt leadership

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... clients' needs." Likewise, Hamilton said: "We continue to be a reliable partner for borrowers in acquisition financing and bid processes and the quality of our offering has been endorsed through repeat issuance with borrowers and the partnership approach ...

Aurora reshuffles compliance team

ALEX BURKE  |  THURSDAY, 21 JUN 2018
... manager Kim Rowe and former Colonial Mutual Fund managing director John Taylor. This reshuffle follows Aurora's successful bid, along with Keybridge Capital, to remove the board of Molopo Energy and appoint replacement directors. Keybridge's ...

Former ANZ GM joins NAB

HARRISON WORLEY  |  THURSDAY, 14 JUN 2018
NAB has hired a former ANZ general manager in a bid to boost customer experience in its business banking division. The bank has appointed Tania Motton to the newly created role of customer executive NAB Partners - Southern, with Motton reporting to ...