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Showing 1 - 10 of 15 results for "IBC"

Pepper Money rejects Challenger's bid

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
... this month. "Following its consideration of the proposal and consultation with shareholders, the independent board committee (IBC) has determined that the revised proposal is not reasonably capable of execution," Pepper Money said. "Accordingly, the ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
... its continuous disclosure obligations," Challenger added. Pepper Money said it established an independent board committee (IBC) to assess the proposal. The IBC has granted Challenger a period of exclusivity to undertake its due diligence and "progress ...

TT Investments improves cash offer for 360 Capital shares

MATTHEW WAI  |  FRIDAY, 19 DEC 2025
... until 3 February 2026, 7:00pm AEDT. Responding through an ASX announcement, 360 Capital's independent board committee (IBC) has recommended that the remaining shareholders accept the offer. The committee's independent expert Grant Thornton concluded ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... market uncertainty," Noble said. Noble added that after careful consideration, Newmark's independent board committee (IBC) has concluded that the proposal is in the best interest of NPR security holders and unanimously recommends that NPR security ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review potential takeover bids, saying the PAC board has determined the review of strategic ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... Capital and GQG have now ceased". "The strategic transaction process remains ongoing, and the Independent Board Committee (IBC) expects to make a further announcement when completed. PAC notes that GQG, River Capital and other parties in the process ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... had been "consistently disappointed" in dealing with the fund manager. Yesterday, PAC said its independent board committee (IBC) considers GQG's proposal to represent an attractive value outcome for all PAC shareholders. "GQG has indicated to PAC ...

Credit Suisse hires head of infrastructure

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
Timothy Foy will join Credit Suisse Australia as its new managing director and head of infrastructure Australia. With over 26 years' experience, Foy joins from Jefferies where he also served as managing director and head of infrastructure. He has previously ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
... these have all now been rejected. A spokesperson for AMP Capital welcomed the decision from the independent board committee (IBC), which recommended that AMP Capital remain the manager and responsible entity for CommIF. "AMP Capital is committed to continuing ...

AMP Capital fights for fund

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... takeover proposal from Dexus. AMP Capital said while it has acknowledged the decision by ADPF's independent board committee (IBC) to recommend a proposal to merge ADPF with the Dexus Wholesale Property Fund (DWPF) it will fight to keep the fund. "The ...
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