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Showing 1 - 10 of 35 results for "Independent Board Committee"

Pepper Money rejects Challenger's bid

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
... earlier 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 ...

Challenger slashes offer price for Pepper Money

RIDDHIMA TALWANI  |  WEDNESDAY, 18 MAR 2026
... offer was due to "deterioration in both market conditions and the operating environment". It added its independent board committee will consider the revised proposal. Pepper Money shares jumped from $1.76 by around 28% following the news of the takeover ...

Challenger-led consortium bids for Pepper Money

KARREN VERGARA  |  MONDAY, 9 FEB 2026
... with 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
... 2026 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 ...

Eildon recommends Samuel Terry takeover

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... is urging shareholders to accept Samuel Terry Asset Management's off-market takeover bid. Eildon's independent board committee told shareholders to accept Samuel Terry's offer, which recently went up from $0.80 per security to $0.875, in the absence ...

360 Capital receives takeover offer from TT Investments

MATTHEW WAI  |  MONDAY, 15 SEP 2025
... committee of 360 Capital Group's independent directors has been formed to consider the offer. The independent board committee is chaired by non-executive director and deputy chair David van Aanholt, retaining Clayton Utz as legal advisers," 360 Capital ...

Samuel Terry bids for Eildon again

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... Eildon's board said it is considering the off-market takeover bid and that it intends to form an independent board committee to evaluate and respond to the offer. In April 2023, Eildon rejected Samuel Terry's offer of 93 cents per share. In the ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... of the proposal and to represent the interests of ECF securityholders, Elanor said it launched its Independent Board Committee and adopted appropriate protocols to manage any potential conflicts of interest that may arise between the interests of Elanor ...

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... environment and 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 ...

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 ...
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