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Showing 1 - 7 of 7 results for "AxiCorp"

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... representing a $51 million deal if the acquisition proceeded; BFG was forced to increase the offer to 25 cents per share when AxiCorp burst onto the scene a few days later, offering 23 cents - a one cent increase to BFG's initial offer, but was ultimately ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... price of 12 cents as at November 12, which was the day before BFG announced its proposed acquisition. A few days later, AxiCorp Financial Services threw its hat in the ring, offering 23 cents per SelfWealth share, which was one cent more than BFG's ...

Bell Financial expects revenues, profits to rise

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
... believe our clients will benefit from BFG's diversified wealth management offering." A bidding war quickly unfolded as AxiCorp Financial Services - which specialises in forex trading and contracts for difference - stepped in to wrest SelfWealth from ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... implementation deed in which BFG raised its bid price to 25 cents per SelfWealth security. BFG muscled in on rival bidder AxiCorp Financial Services' offer of 23 cents per share. The revised offer puts a 108% premium to the last close share price of ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
The proposed takeover of SelfWealth heats up as AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... with additional conditions from ASIC for several compliance failures. ASIC is doubtful if retail OTC derivative issuer AxiCorp Financial Services has the appropriate procedures and internal controls to meet regulatory obligations and must appoint an ...

Local DMA providers hit back

MELANIE TIMBRELL  |  WEDNESDAY, 6 JUN 2012
... the use of client money to hedge positions. Australian direct market access (DMA) providers First Prudential Markets and AxiCorp Financial Services have argued the introduction of proposed changes to restrict use of client money in hedging client positions ...
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