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Showing 1 - 10 of 12 results for %22IBC%22

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... 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 that NPR security ...

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
... 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
... 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 PAC ...

Credit Suisse hires head of infrastructure

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
Timothy Foy will join Credit Suisse Australia as its new managing director and head of infrastructure Australia. With over 26 years' experience, Foy joins from Jefferies where he also served as managing director and head of infrastructure. He has previously ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
... these have all now been rejected. A spokesperson for AMP Capital welcomed the decision from the independent board committee (IBC), which recommended that AMP Capital remain the manager and responsible entity for CommIF. "AMP Capital is committed to continuing ...

AMP Capital fights for fund

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... takeover proposal from Dexus. AMP Capital said while it has acknowledged the decision by ADPF's independent board committee (IBC) to recommend a proposal to merge ADPF with the Dexus Wholesale Property Fund (DWPF) it will fight to keep the fund. "The ...

Geoff Wilson feels sorry for CLF shareholders

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
... feel sorry for CLF shareholders as it appears the board is not being totally honest." CLF's independent board committee (IBC) intends to unanimously recommend shareholders reject the offer on the basis that it fails to provide shareholders with sufficient ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... currently relying on JobKeeper to maintain employment. The chair of the independent committee of Village Roadshow Directors (IBC) Peter Tonagh said the board unanimously recommends the transaction. "The BGH transaction provides the opportunity for all ...

Hunter Hall investment style to be maintained: WHSP

EMMA RAPAPORT  |  THURSDAY, 12 JAN 2017
... of HHL's ordinary shares at $1 per share. Responding to the takeover bid, HHL established an independent board committee (IBC) and appointed Leadenhall Corporate Advisory to prepare an independent expert report to assess the value of HHL. In a letter ...
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