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Showing 771 - 780 of 2737 results for "Shareholders"

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... bidder's statement, following its revised December 11 takeover offer. E&P is yet to make a formal recommendation to its shareholders but reiterated that the offer is still highly conditional, and shareholders should take no action on the offer until ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... MLC Life chief executive Rodney Cook said the December 24 announcement demonstrated the "emphatic support of our shareholders and their backing of our strategic direction". "It sets us up to survive and thrive in the coming post-pandemic environment. ...

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
... has withdrawn its proposal. "The Link Group board will continue to consider all alternatives to maximise value for shareholders," Link said. "As previously announced, this includes a potential separation by way of a demerger of Link Group's interest ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... HUB24 agreed to make a proportional takeover offer for one in every three fully paid ordinary shares of Easton held shareholders other than HUB24. The price was set at $1.20 per share and was unanimously recommended by Easton's board. In addition ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
... long-term certainty as we focus on the effective implementation of our new platform strategy and growing returns for shareholders," Mota said. HUB24 chief executive Andrew Alcock said: "We are pleased to be working with the team at IOOF, this private ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... recognisable Aussie brand name and its national network of 970 brokers and 210 stores, boosting distribution. Lendi shareholders will hold the majority shareholding of 55% in the merged business while Aussie's owner, CBA, will hold 45% and continue to ...

ME Bank acting chief made permanent

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... chief executive. "It was a smooth and effective transition, and importantly, he has the respect of our employees, shareholders and stakeholders generally," he said. "Adam's depth of experience across finance, strategy and digital transformation and his ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
Tony Pitt's 360 Capital is back with a 13% higher offer for Evans and Partners shareholders, after its October 27 bid was rejected. 360 Capital is now offering the remaining shareholders of EPI 69 cents per share, split as 30 cents per EP1 share and ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... further its proposal. Link said the information may lead to SS&C offering a proposal that Link could recommend to its shareholders. "There can be no certainty that such a proposal will eventuate and shareholders do not need to take any action in relation ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... business, IFT said. The super fund said its proposal, if implemented, would "unlock significant value for Infratil shareholders and seeks engagement with the Infratil board in relation to the proposal." AustralianSuper head of infrastructure Nik Kemp ...