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Showing 1 - 10 of 1958 results for "Proposal"

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
... capital raising activity. The change will see the 42-page guidance shrinking to just eight, under a new principles-based proposal by ASIC. Sell-side research is prepared by Australian financial services licensees such as investment banks and stockbrokers ...

Fight between SMC and FSC on super rages on

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds. A latest research by FSC ...

Perpetual rejects another EQT AB bid

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... AB's latest offer of $22.07 was shot down after Perpetual "carefully considered the terms of the revised indicative proposal and obtained advice from its financial and legal advisers in relation to it". The Perpetual board ultimately found it was ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... The new offer values Perpetual at $2.55 billion, a $50 million rise from the previous offer. "The revised indicative proposal is subject to numerous conditions, including completion of the sale of Perpetual's Wealth Management business to Bain Capital ...

KKR joins consortium to acquire ASX-listed Steadfast

RIDDHIMA TALWANI  |  TUESDAY, 14 JUL 2026
... is still no guarantee that a binding agreement will be reached with the consortium and there is no certainty that the proposal will result in a transaction. It told shareholders not take any action in relation to the proposal at this time. Last year ...

oOh!media bidders up offer price

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026
... $765 million in May. While the board of oOh!media had considered both proposals, it had unanimously decided that neither proposal adequately reflects its intrinsic value. It had said it is willing to keep the talks alive and will provide limited due ...

ASFA makes suggestions for performance test overhaul

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
... assess investments against inflation-based return objectives rather than difficult-to measure market benchmarks. Under the proposal, funds would still be required to deliver returns above inflation while removing barriers to investing in assets that ...

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
... June 2025. The review found around half of appointments that progressed to a second creditors' meeting included a DOCA proposal. Of those, 87% were approved by creditors, representing about 44% of all voluntary administration reviewed. ASIC commissioner ...

Perpetual shuffles Aussie equities team amid departure

KARREN VERGARA  |  MONDAY, 6 JUL 2026
... unsolicited takeover bid from Swedish private equity giant EQT which valued the firm at $2.5 billion. "The indicative proposal was highly conditional and did not adequately represent fair value for Perpetual shareholders in the context of a change of ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... private equity giant EQT which valued the firm at $2.5 billion. The "unsolicited, non-binding, conditional and indicative proposal" was for $21.64 cash per share, representing a 40% premium to Perpetual's closing price on Tuesday prior to announcing ...
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