Page 8 - Pacific Current News Today

Pacific Current Group has scrapped its plans to be acquired after bids with GQG and Regal Partners both fell through.

Australia's Pacific Current said it had received an offer from its biggest shareholder, River Capital, to acquire 100% shares in the company for $343.58m.

GQG Partners attempted acquisition of Pacific Current Group (PAC) has hit a snag as the formers major shareholder River Capital imposes its own conditions and a lower offer price.

Australias Pacific Current on Monday said it had received an offer from its biggest shareholder, River Capital, to acquire 100% shares in the company for A$541.5 million . River...

Doubt has been cast on whether GQG will acquire Pacific Current Group after it failed to receive the support of the firm’s largest shareholder.

3Q23 Net Income of $41.1M and Diluted Earnings Per Share of $0.37 $27.6M of Pre-tax Maui Wildfire-Related Expenses Core Businesses Performing Well Solid Credit Quality and Capital Position at ASB ...

An earnings call with investors highlighted uncertainties surrounding Hawaii's electric utility and its parent following the Maui wildfires.

Highlights 3Q23 Net Income of $41.1M and Diluted Earnings Per Share (EPS) of $0.37 $27.6M of Pre-tax Maui Wildfire-Related Expenses Core Businesses Performing Well Solid Credit Quality. . .

Operator: Good day, everyone, and welcome to the Hawaiian Electric Industries Third Quarter 2023 Earnings Call.

The firm said its only used up a quarter of its surplus capital after completing two deals in a week that have almost doubled its assets under management.