Browsing Tag
Foreign Investment Review Board
4 posts
Steadfast Group (ASX: SDF) rises as A$6 bid reaches August test
Steadfast trades 14% below its A$6 proposal. A binding deal or August 26 earnings will decide whether the ASX: SDF gap can close.
Energy One (ASX: EOL) jumps 32% after rejecting Volue’s A$17 bid
Energy One rejected Volue’s A$17 bid, yet ASX trades 16% below it. August results may decide whether the board’s stance holds.
ASX: OML jumps 47% as Pacific Equity Partners tables $1.40 takeover offer for oOh!media
PEP's $1.40 cash offer for ASX: OML lands at 5.9x earnings. Nine paid 8.1x for QMS weeks earlier. The oOh!media board now has a valuation fight on its hands.
Perpetual (ASX: PPT) to sell wealth management unit to Bain Capital for A$500m as private equity bets on Australia’s growing advice market
Perpetual agrees to sell its A$21.9bn wealth management arm to Bain Capital for A$500m. What this means for PPT shareholders and Australia's advice market. Read more.