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Showing 881 - 890 of 2059 results for "BID"

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. ...

DomaCom signs global agriculture crowdfunding deal

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
... understanding that this is the first crowdfunding project for agriculture assets anywhere in the world. We knew from the Kidman bid that there was a thirst by 'mum-and-dad' investors to acquire agriculture assets, and we have been looking at other properties ...

International manager secures VicSuper mandate

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2017
A global fixed income investment manager received a significant mandate from VicSuper. In a bid to continue generating strong returns for members, the $17 billion superannuation fund has engaged Colchester Global Investors to add diversity to its existing ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
... Hall reported a 68% drop in statutory profit at the same time Pinnacle leapfrogged Washington H. Soul Pattinson's takeover bid and a third investor declared its intention to buy 20% of the company. John Bridgeman Limited (JBL), acting as investment manager ...

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... 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 now brings ...

Hunter Hall shareholders urged to hold the line

ALEX BURKE  |  MONDAY, 13 FEB 2017
... shares on February 10 ($2.40), while the Pinnacle offer represents a 17% discount. When Pinnacle made its initial takeover bid, managing director Ian Macoun said: "We believe we are the ideal partner for Hunter Hall and its fund investors to assist in ...

Suncorp begins life business optimisation

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
Suncorp is implementing an optimisation program for its Australian life insurance business in a bid to improve competitiveness and achieve better customer outcomes. Announcing its half-year results today, Suncorp said it was rolling out the optimisation ...

Hunter Hall independent review rejects WHSP takeover

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... Hunter Hall's independent directors recommended that shareholders reject Washington H. Soul Pattinson and Company's takeover bid for the company, on the basis that it significantly undervalues shares. The review justified this recommendation saying that ...

HLB appoints director, outlines plans

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
... the 1.6 million contributions cap, a more long-term focus for the firm is assisting clients with their estate planning in a bid to prevent financial elder abuse that may arise out of bequeathed super over the cap not being able to be kept in super and ...

CBA and Queensland Treasury build blockchain bond

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
Commonwealth Bank issued the world's first government bond built using blockchain. The bank created a cryptobond for Queensland Treasury Corporation via its capital markets blockchain platform, the first of its kind both in Australia and globally. QTC ...