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Showing 831 - 840 of 2018 results for "BID"

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
In the battle for Fairfax Media, a new US-based bidder has entered the fray. Hellman & Friedman (H&F), established in 1984 by Lehman Brothers and Salomon Brothers executives Warren Hellman and Tully Friedman and with about $50 billion in assets under ...

Ohanessian ousts entire Praemium board

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Deposed Praemium chief executive Michael Ohanessian was successful in his bid to remove his former employer's board of directors, appointing a new board in the process. Following the results of the general meeting in Melbourne today, directors Andre ...

Industry fund wins stake in Endeavour Energy

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
... including Macquarie Infrastructure and Real Assets, and Canada's British Columbia Investment Management Corporation, successfully bid for a 50.4% stake in the energy company under a 99-year-lease. Endeavour Energy, a poles-and-wires business, currently ...

Ausbil micro-cap fund managers depart

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2017
Ausbil Investment Management bid farewell to the portfolio managers of its MicroCap strategy. Both Tony Waters and Chris Prunty have left the firm for lifestyle reasons, taking up an opportunity to manage family money and private assets. Co-head of ...

First State Super wins government lease

KARREN VERGARA  |  THURSDAY, 13 APR 2017
First State Super and Hastings Funds Management have won the bid to run New South Wales' land registry services, allowing the state to invest $2.6 billion in proceeds to infrastructure projects. NSW Premier Gladys Berejiklian and Treasurer Dominic Perrottet ...

Advisers to consult on ASIC's behalf

JAMIE WILLIAMSON  |  WEDNESDAY, 29 MAR 2017
ASIC has formed a committee comprising practicing financial advisers in a bid to improve the advice industry's engagement with the regulator. The Financial Advisers Consultative Committee (FACC) will complement ASIC's existing engagement with the industry ...

FICAP fundraiser ready to rock

DARREN SNYDER  |  WEDNESDAY, 22 MAR 2017
... experiences money typically just cannot buy". "The introduction of an online auction system means more people are able to bid on these spectacular prizes," she added. The annual RockStar event enters its 11th year in 2017. All funds raised through the ...

Fintech Nod takes on the unadvised

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
A new fintech is hoping to reach out to the 80% of people who don't see financial advisers via a digital financial advice platform. Nod, backed by accelerator H2 Ventures, is aiming to bring financial experts to people on demand. Clients can ask a question ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Superannuation industry associations have once again come out strongly against a policy of allowing first home buyers early access to their superannuation to purchase a home. Following comments this week from Assistant Treasurer Michael Sukkar, who ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Suncorp increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. ...