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| | ... role. Iress paid $115 million in equity value for OneVue last year, after revising its offer in light of opposition from major OVH shareholder Thorney. Iress reported $14.5 million in net profit after tax for the three months ending September, compared ... |
| | | OneVue's founder and managing director Connie McKeage will leave the lead role but stay on as a consultant, alongside other executive departures as Iress's $115 million purchase is implemented. OneVue's chief financial officer Ashley Fenton ... |
| | | ... means Waislitz's campaign -- which included a strongly-worded letter questioning independent expert's valuation that OVH board used - failed. As the biggest shareholder with over 19% of total OVH shares, Thorney companies will still make $22 ... |
| | | ... board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting the offer, and are asking other shareholders to vote it down too, as first flagged ... |
| | | ... original offer. He will be still voting no at the October 9 meeting, and his Thorney listed investment companies bought more OVH shares yesterday, a spokesperson said. He is also expected to write to OVH shareholders this week, urging them to vote against ... |
| | | ... 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' vote next Friday, October 9. IRESS says it's its "best and final offer" but it still has the right to ... |
| | | ... Walsh said. On June 1, Iress's June advanced a 40-cents-a-share offer to acquire 100% of OneVue. The offer was endorsed by OVH's board but labelled as being too low by one of its biggest shareholders, Alex Waislitz's Thorney Opportunities and ... |
| | | ... directors were unanimously in favour of the offer, which is expected to go to a shareholder vote in September. However, one of OVH's largest shareholders, Alex Waislitz's Thorney funds, have called Iress's bid too low, and have continued to build their ... |
| | | ... fund administration client at OneVue and will increase total items processed across the business by 25%, it said. "One of OVH's first clients was AUWCM. [Its] people and partnerships are very special to OVH and it is really nice to see the partnership ... |
| | | Billionaire investor and OneVue shareholder Alex Waislitz says IRESS's offer to acquire OVH for 40 cents a share is a far cry from the company's actual value. Waislitz's Thorney Opportunities and related companies started buying stock in ... |
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