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Showing 801 - 810 of 2737 results for "Shareholders"

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... remains committed to AMP's transformation strategy and is confident that the review will deliver long-term value to shareholders. At the time, AMP said increased interest in acquiring the business led the board to undertake a portfolio review to ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Challenger's company-wide salary freeze wasn't enough to appease shareholders, who delivered a first strike against its executive pay yesterday. Of the total votes cast, 28.25% were against adopting the remuneration report, meaning it was approved ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... and brand damage, I think everyone involved may be happy to just move on," Somasundaram said. "It is not good for shareholders but AMP has been a bad investment for a decade and unlikely to improve anytime soon." Somasundaram said despite it not being ...

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... two days later. "The board considers that the revised proposal does not represent compelling value for Link Group shareholders on a control basis and further work is required to determine the viability and attractiveness of the separation of the PEXA ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Evans and Partners is seeking the nod from shareholders to convert its LITs to open-ended funds and to switch to Perpetual as responsible entity. The largest of these is the $279 million Evans & Partners Global Disruption Fund (EGD), followed by the ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... share. Plato Investment Management portfolio manager Peter Gardner said there is some upside in the results for ANZ shareholders. "Overall the result is reflective of an extraordinarily challenging period for the big banks, however ANZ should be praised ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... of 203% to the closing price of Xplore shares as at October 27. Xplore's board has unanimously recommended its shareholders approve the acquisition. Xplore chair Alex Hutchison said the transaction is an opportunity for shareholders to receive a ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... Company's IPO in May 2018. 360 Capital believes that the offer represents a compelling opportunity for the ED1 shareholders to exit their investment before any further value destruction, including arising as a result of the ongoing ASIC proceedings ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... disclose the financial terms of its ownership in Calastone but mentioned that it acquired the stake from existing shareholders Octopus Ventures and Accel. Fernando Chueca, a managing director in Carlyle's advisory team, said since its inception Calastone ...

Gender doesn't influence company returns: Research

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... clearly prefer director candidates who are "known" through their service on other public companies." OM also found that shareholders are unlikely to go against the board even regardless of continued underperformance. "During the time period of the study ...