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Showing 1 - 10 of 27 results for "Independent Board Committee"

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 ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... River 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
... it 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 ...

Charter Hall co-founder eyes Australian Unity Office Fund

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... the proposal, it said. Australian Unity Investment Real Estate Limited (AUIREL) will now convene an independent board committee to review the proposal. AUIREL has been working to maximise value for unitholders for some time, including focusing on delivering ...

Three join embattled AMP Capital fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... global co-head of social care Julie-Anne Mizzi, who had spent 17 years at AMP Capital. Last week, the independent board committee for the fund decided to reject takeover bids from Plenary, Palisade and H.R.L. Morrison and Co. The committee wrote to investors ...

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
... members to Plenary and was the subject of several takeover bids. Today, investors will hear from the independent board committee for the fund on its decision to reject takeover bids from Plenary, Palisade and H.R.L. Morrison and Co. Last week, the committee ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
An independent board committee rejected a takeover bid for AMP Capital's Community Infrastructure (CommIF) Fund. AMP Capital received proposals from Plenary Group, HRL Morrison and Co and Palisade to take over CommIF, but these have all now been rejected. ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... billion AMP Capital Diversified Property Fund following a takeover proposal from Dexus. The fund's independent board committee recommended the merger go ahead however AMP Capital head of real estate Kylie O'Connor wants the fund to stay with AMP. ...

AMP Capital fights for fund

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... giving up in the fight to keep its $5 billion AMP Capital Diversified Property Fund (ADPF), despite an independent board committee recommending the takeover proposal from Dexus. AMP Capital said while it has acknowledged the decision by ADPF's independent ...
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