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Showing 811 - 820 of 2737 results for "Shareholders"

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... proposal, as presented, materially undervalues Link Group on a control basis and is not in the best interests of shareholders." The board said it has confidence in the outlook and fundamental value of the business due to the "significant value inherent ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
OneVue shareholders approved Iress' offer yesterday. Alex Waislitz will still walk away with $22 million, while Connie McKeage's family investment vehicle will see a $15 million payday. Yesterday's poll was to approve Iress's revised ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... asset opportunities and aiding the company's share price to trade at a premium to its pre-tax NTA. It comes after shareholders of embattled Blue Sky Alternatives Access Fund (previously listed on the ASX under the ticker code BAF) voted overwhelmingly ...

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... 5% to $489.2 million, reflective of a lower level of funds under management (FUM). The board still decided to pay shareholders a final dividend of 50 cents per share, resulting in a fully franked total dividend for the year of $1.55. The dividend paid ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
The OneVue board has encouraged shareholders to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... obtaining advice from Macquarie Capital and UBS, its financial advisers, and Herbert Smith Freehills its legal adviser. "Shareholders do not need to take any action in relation to the proposal. It should be noted that there is no certainty that the discussions ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
... 100% of the telecom company, which delivers fibre to the premises networks. Under Aware Super's proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive of a dividend of 10 cents). "Aware Super considers this to be a ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... Praemium advanced a $55.6 million off-market takeover bid to acquire Powerwrap in early July and offered Powerwrap shareholders 7.5 cents per share cash and one Praemium share for every two Powerwrap shares. The merger of the platform providers will ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
... about $1.67 trillion in assets and almost $7 billion in combined revenues. The terms of the agreement see Eaton Vance shareholders will receive US$28.25 per share in cash and 0.5833x of Morgan Stanley common stock, for a total consideration of about ...