Regal withdraws Pacific Current takeover bid
Regal has walked away from its bid for boutique asset management house Pacific Current citing frustration with the process, sending Pacific Current shares down 10 per cent.
Source: afr.com
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Regal dumps bid for Pacific Current Group
Months on from submitting its bid to acquire Pacific Current Group, Regal Partners has withdrawn, saying it's been "consistently disappointed" in dealing with the fund manager.
Source: financialstandard.com.au
Regal withdraws Pacific Current bid
Citing consistently disappointing engagement by the Pacific Current board since the initial proposal, Regal Partners has stepped back from what it had previously termed a “transformational growth opportunity”.
Source: moneymanagement.com.au
AFR Power list 2023: Australia's 10 most powerful business leaders are Matt Comyn, Mike Henry, Andrew Forrest, Shemara Wikramanayake, Meg O'Neill, Kerry Stokes, Paul Schroder, Rob Scott, Mike Cannon-Brookes, Phil King
In the ultimate view of the Power panel, the sheer size of Commonwealth Bank’s consumer-facing business lifted Matt Comyn to the top of the list.
Source: afr.com
Pacific Current Group to take minority stake in Avante Capital Partners
Pacific Current Group agreed to acquire a minority stake in Avante Capital Partners, a women- and minority-owned private credit and structured equity manager.
Source: pionline.com