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Showing 81 - 90 of 243 results for "Pendal"

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
Both Pendal Group and Perpetual have confirmed the terms of their takeover deal have changed, in addition to the Supreme Court ruling that Pendal could rightfully seek more than a break fee if the deal goes south. Both parties have agreed to revise ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
Perpetual has confirmed it may have to cough up more than $20 million to Pendal Group if a transaction were to impede the existing deal between the two entities, as speculation grows Perpetual is attempting to renege. Yesterday, Perpetual dismissed ...

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... consortium requested a one-week due diligence period, expedited due to Perpetual's existing scheme of arrangement with Pendal Group. Regal Partners said the improved proposal was rejected by the Perpetual board without discussion. At the same time, Pendal ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
Pendal Group's underlying profit after tax grew 17% to $194.2 million in the 2022 financial year. Statutory net profit after tax was down 32% to $112.8 million, impacted by mark-to-market movements on seed investments. Underlying earnings per share ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... therefore rejected the offer," Perpetual said. Perpetual oversees about $200 billion and is in the process of taking over Pendal Group. Meanwhile, the BPEA Private Equity Fund is run BPEA EQT, the result of Swedish private equity firm EQT taking over ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... In Perpetual's first quarter business update, it said that progress has been made across the key conditions to the Pendal Group takeover, including client consents and regulatory approvals. Perpetual chief executive and managing director Rob Adams ...

FICAP raises over $120k for charity

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... GSFM, Hub24, Ironbark, Janus Henderson, KPMG, Macquarie, Magellan, Montgomery Investments, Morningstar, NMG Consulting, Pendal, Profusion Group, Schroders, Spire Capital, and SQM Research. Financial Standard is the official media partner of FICAP and ...

Investment industry veteran joins Rest board

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
Rest has appointed former Pendal chief executive Michael Bargholz as a director on its board. He will commence the role in October, as well as join the board of investments committee, of which he has been a non-voting member since September 2020. Aside ...

Perpetual to acquire Pendal

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Perpetual will acquire 100% of Pendal, in a scheme of arrangement that's been unanimously endorsed by the latter's board. Under the agreement, Pendal shareholders will receive one Perpetual share for every 7.5 Pendal shares plus $1.97 per share ...

KKR appoints director, client and partner group

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... credit specialist and relationship manager will cover Australia and New Zealand while based in Sydney. Rooney joins from Pendal Group where he worked for over seven years, his latest role was head of bank insurance and distribution. He also held the ...