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Showing 771 - 780 of 11812 results for "Price"

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
The government has kicked off its consultation on merger rules and processes to improve competition and productivity while lowering costs to ensure better outcomes for Aussies. According to the government's Merger Reform consultation paper, Australia's ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... of the running, Count announced that its acquisition of Diverger will go ahead and flagged that it's upped its offer price. Count is now willing to pay more for every Diverger share at $1.3651 - more than the $1.14 offer it made in September, but ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... Its proposal originally implied a $56 million equity value for Diverger and represented a 32% premium to the current share price of $1.07 per share. However, in a statement to the ASX, COG said it felt that Diverger's major shareholders, who could ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... a bid, proposing it acquire the business for $11 in cash per share - a 56% premium to PAC's volume-weighted average price. As PAC's largest shareholder, GQG needed approvals from River Capital, which it did not receive. Just last week, River ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... the Royal Commission, alleged that AMP failed to disclose critical market information that could have affected the share price. This included charging fees to customers where such services were not rendered. The plaintiffs alleged this information was ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... Its proposal originally implied a $56 million equity value for Diverger and represented a 32% premium to the current share price of $1.07 per share. The rival bidder, who looked to displace Count's acquisition of Diverger, offered a cash component ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... local economic outlook. The report, written by UBS economists George Tharenou and Nic Guesnon, noted while the consumer price index (CPI) is well above the RBA's target, underlying inflation pressure remains evident. "Headline CPI in the third quarter ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... Securities and Exchange Commission (SEC) for a groundbreaking Bitcoin ETF. The iShares Ethereum Trust aims to track the price of Ether, affording investors an alternative to acquiring, holding, and trading the cryptocurrency on peer-to-peer networks ...