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Showing 791 - 800 of 6902 results for "Shares"

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... OZG) have entered into an agreement with WAM to merge under separate transactions. WAM is proposing to acquire 100% of the shares in Westoz and Ozgrowth that it does not currently own through a scheme of arrangement with each LIC. The transaction will ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... franked at 100%, values the company at $2.9 billion or $3.7 billion on a fully diluted basis taking into account 520,413,720 shares on issue. This puts Link's other suitor, The Carlyle Group, out of the race by failing to provide a binding offer ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... sector on a level playing field with its global counterparts, the CCIV regime is set up as a company structure limited by shares. The government's intention is to ensure that the regulatory and tax framework for CCIVs would offer internationally recognisable ...

Charter Hall acquires 50% of Paradice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... The 50% stake was worth $207 million to Charter Hall, with Paradice shareholders to receive 70% of that in Charter Hall shares and 30% in cash. The securities issued as part of this transaction represent approximately 1.55% of Charter Hall's total securities ...

AMP to delist from NZX

JAMIE WILLIAMSON  |  WEDNESDAY, 22 DEC 2021
... business early next year. There is a smaller number and lower level of holdings of shareholders on the NZX. All those who hold shares in AMP via the NZX will have their holdings automatically transferred to the Australian share register. Trading of AMP ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... believes the current sell-off that has seen Magellan's share price dive to just $20 is an overreaction. "We firmly believe shares of Magellan are oversold. These near-term headwinds are bumps in the road, not nails in the coffin," Ler said. "Its investing ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... time on investments in five energy companies that are not working towards a low carbon economy. Nest and UBS AM have sold shares in Exxon Mobil, Imperial Oil, Kepco, Marathon Oil and Power Assets because of their lack of progress in managing climate ...

Plato readies new ESG strategies

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... to also be targeting the retail space; mums and dads are a large proportion of those invested in Plato's Australian Shares Income Fund and Plato Income Maximiser LIC. In a financial year assessment compiled by Rainmaker Information, the Plato Australian ...

Kelly Partners acquires Canberra firm

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... businesses more competitive and sustainable, and more attractive to clients as well as talent." Kelly Partners Group Holdings shares are down 1.35%to $3.65 at market close. Editor's note: This article was updated at 1.40pm to reflect another acqu ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... per Class share as opposed to the original amount of 10 cents proposed in October. Class shareholders who receive HUB24 shares - that is one HUB24 share for 11 Class shares - will now be eligible for any HUB24 financial year 2022 interim dividend and ...