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Showing 851 - 860 of 1947 results for "Proposal"

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Washington H. Soul Pattinson is aiming to beat rival contenders with an increased takeover offer for Hunter Hall. Since increasing its bid to $1.60 per share on Friday, WHSP has now matched Pinnacle's unconditional offer of $2 per share. Although this ...

Pacific Current Group calls EGM for restructure

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... that redemption price is fixed at US$21 million and units must be redeemed on or before 31 March 2018. Assuming this proposal is successful, PAC will then have 100% of the Aurora Trust - and Fitzpatrick said this would "reduce administrative costs while ...

Hunter Hall shareholders urged to hold the line

ALEX BURKE  |  MONDAY, 13 FEB 2017
Hunter Hall's independent directors impelled shareholders to ignore increased takeover bids from Washington H. Soul Pattinson and Pinnacle Investment Management. On Friday, Pinnacle announced it was increasing its takeover offer for all shares in Hunter ...

Wilson lodges to scrap Hunter Hall LIC board

ALEX BURKE  |  FRIDAY, 3 FEB 2017
... share this view," Wilson said. Wilson's move towards appointing a new board for HHV follows the current one rejecting his proposal for giving shareholders the opportunity to exit HHV at fair value. HHV's board said Wilson "incorrectly implies that the ...

Hunter Hall independent review rejects WHSP takeover

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... directors added that shareholders, in accepting the bid, may be deprived of "the opportunity to participate in any superior proposal to acquire your Hunter Hall shares or future value delivered through the strategic review process" in light of the company's ...

Wilson denounces illogical Hunter Hall response

ALEX BURKE  |  FRIDAY, 27 JAN 2017
... Asset Management chair Geoff Wilson told Financial Standard the Hunter Hall Global Value board's response to his buy-back proposal was illogical and twisted the meaning of his letter. Wilson noted his proposal was met with a response that "addressed ...

Hunter Hall slams exit proposal

ALEX BURKE  |  WEDNESDAY, 25 JAN 2017
... Wilson Asset Management chair Geoff Wilson to allow shareholders the opportunity to exit HHV at fair value. Wilson's proposal was made in light of the "corporate governance crisis" caused by Peter Hall's resignation - which he described as unexpected ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... company for $1 per share to WHSP, Hall made it clear he would sell his remaining shareholding in the absence of a superior proposal. Such a proposal may now have arrived, with Pinnacle Investment Management completing a placement of $30 million via institutional ...

Will the real Trump please stand up

MICHELLE BALTAZAR  |  FRIDAY, 20 JAN 2017
Are you ready to say 'President Trump' out loud? Like him or loathe him, investors are eager to meet the president behind the publicity hound. Their savings depend on it. On the eve of his inauguration as the 45th President of the United States, many ...

Hunter Hall appoints LIC director

ALEX BURKE  |  TUESDAY, 17 JAN 2017
... latter's broader takeover bid, and Hall indicated that he will sell his remaining shareholding in the absence of a superior proposal. Hall explained: "I have known WHSP for many years, having first met patriarch Jim Millner in his office above the chemist ...