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Mergers and Acquisitions

M&A

17 November 2022 • By Charbel Kadib • 1 min read

Perpetual shares dive as court empowers Pendal

A Supreme Court ruling has broadened the remedies available to Pendal Group in the event of a withdrawal of Perpetual’s takeover offer

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Perpetual, Pendal agree on terms of revised takeover offer

The wealth management companies have struck a new deal, which includes a reduction in the cash component and an increase in the scrip consideration

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AMP flags delay with sale of Collimate Capital

The sale may not be completed in November as previously expected. AMP has indicated that the sale of Collimate Capital’s domestic infrastructure ...

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Perpetual rejects improved takeover bid

The wealth management company has brushed off a second “unsolicited” takeover proposal in just a week.  Perpetual Limited has notified shareholders ...

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M&A transactions undergo year-on-year drop

Increased risk aversion and longer negotiation periods have resulted in a sharp decline in the number of M&A transactions. The mergers and ...

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Perpetual knocks back ‘unsolicited’ takeover offer

The ASX-listed wealth management firm has rejected an indicative takeover offer from a private equity consortium. Perpetual Limited has informed ...

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Challenger offloads banking arm to NZ’s Heartland

Following a strategic review, Challenger has decided to sell its banking arm. Challenger has signed a share sale agreement with New Zealand’s ...

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Westpac mulls takeover of Tyro

Several parties have expressed interest in acquiring the payments company. Westpac has announced that it is in preliminary discussions with Tyro ...

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Client attrition ‘significant’ risk in Perpetual's Pendal acquisition

IBISWorld has put the takeover deal under the microscope. The acquisition of Pendal by Perpetual, which is set to create a $201 billion global ...

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Link receives another offer from Dye & Durham

Dye & Durham has made a $1.27 billion bid for two of Link’s divisions.  Following the collapse of its previous takeover offer, Dye & Durham ...

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