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

Search Results

Showing 1 - 10 of 44 results for "Takeovers Panel"

Rogue Sequoia shareholders slapped with orders

KARREN VERGARA  |  MONDAY, 15 JUL 2024
The Takeovers Panel has slapped a series of orders on Sequoia Financial Group shareholders who attempted to overthrow the leadership. The panel handed down several restrictions on the rogue shareholders and their associated entities that have substantial ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... Wealth Management and Sequoia Asset Management, is now overseeing Sequoia Specialist Investments. On July 1, the Takeovers Panel declared that the rogue shareholders, which include Glennon Capital, were not transparent about their relationship and breached ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
The Takeovers Panel declared that rogue shareholders, which include Glennon Capital, seeking to gain control of Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws. In an update to the ASX ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... business, who will continue to drive our excellent group performance." In May, Crole and Pattison turned to the Takeovers Panel to request intervention ahead of the EGM suggesting disgruntled shareholders, Tony Jones and Michael Glennon, failed to disclose ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... Group takes another turn as chief executive Garry Crole and non-executive director Kevin Pattison call upon the Takeovers Panel to intervene in their potential ousting. Crole and Pattison, on behalf of Sequoia, argue that dissident shareholders, Tony ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Dexus Fund Management bolsters board

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... Elenium Automation and a non-executive director of Lion Beverages Group and a member of the Australian government's Takeovers Panel. Meanwhile, Phillippo has international experience across the energy, financial services, telecommunications, and technology ...

Citi appoints new chair, head of BCMA

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... most experienced and trusted M&A and ECM advisors and was recently reappointed as president of the Australian takeovers panel. "He has led some of the country's largest and most complex transactions and I'm delighted that he has further expanded his ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
The battle between Wilson Asset Management and PM Capital over a takeover bid for a LIC heats up as the Takeovers Panel weighs in. PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
... The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency Group (AU1). It will await the release of AU1's audited ...
PAGE:
1
PREVIOUS
NEXT