Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 1259 results for "Takeover"

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
Perpetual has rejected an unsolicited takeover bid from Swedish 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 ...

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... advice before deciding whether to accept or reject the offer," it said. Goodin said: "With the pending close of the IFM takeover offer and the boards' continued recommendation that securityholders reject the bid, it is crucial that we move swiftly ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... to the Atlas Arteria independent directors undertaking asset sales which are not value maximising in response to its takeover bid. It also objected to the additional distributions from the asset sale. "Atlas Arteria is already unable to fund the 40 cent ...

ASX puts 25% cap on new share issuances during mergers

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
The ASX has put a 25% cap on the amount of new shares large listed companies can issue during mergers without first getting shareholder approval. "This gives shareholders a say before significant dilution. Shareholders are also given flexibility to ...

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
... security and Vienna airport where it's increased the price by 70% from its initial offer price. IFM launched a hostile takeover bid for Atlas Arteria in late April, stating the action was spurred by continued underperformance from Atlas Arteria, and ...

Bidding war for oOh!media heats up

ELIZA BAVIN  |  MONDAY, 15 JUN 2026
... to acquire outdoor advertising company oOh!media. The ASX-listed company confirmed it has received revised indicative takeover proposals from Pacific Equity Partners, I Squared Capital and Oaktree Capital, with offers up to $1.60 per share which values ...

IFM raises Atlas Arteria's bid, urges shareholders to accept

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
... highly uncertain, in contrast to the offer which provides cash certain value today," IFM said. IFM launched a hostile takeover bid for Atlas Arteria in late April, stating the action was spurred by continued underperformance from Atlas Arteria, and a ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... trustee for the HUB24 Super Fund into the HUB24 Group, subject to APRA and other regulatory approvals. With respect to the takeover, APRA said: "The licence conditions will apply notwithstanding any change of ownership to HUB24 Limited, which may implement ...

IFM bid undercuts Atlas Arteria value by $1bn: Independent expert

RIDDHIMA TALWANI  |  WEDNESDAY, 27 MAY 2026
Atlas Arteria's appointed independent expert Kroll has concluded the hostile takeover offer by IFM Investors is "neither fair nor reasonable". Kroll said the offer price for Atlas Arteria should be between $5.39 to $6.20 per security - valuing the global ...

Rodney Forrest re-sentenced for $3m insider trading

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
... Forrest secretly accessed the computer of the chair of Regal Partners without permission and photographed confidential takeover documents. He then traded and procured others to trade in Platinum shares before leaking details of the takeover to the media ...
PREVIOUS
NEXT