Business
Australian Unity rejects $2.7b bid for healthcare fund – The Australian Financial Review
Australian Unity called the Canadian suitor’s efforts to highlight the increases in its offers ‘meaningless’.
In rejecting the latest offer, Australian Unity said its investors had shown their preference for income and desire for long-term returns.
Unitholders were also concerned about the tax implications of a potential cash sale of their investment in the fund and their ability to then reinvest proceeds in comparable assets, it said.
Australian Unity described the Canadian suitors efforts to highlight the increases in its offers as meaningless because its earlier proposals had already materially undervalued…
-
Business19 hours ago1 ASX dividend stock down 43% I’d buy right now
-
Noosa News19 hours agoBanana farmers still salvaging fruit four weeks after ex-Tropical Cyclone Alfred
-
Business23 hours agoBattle of the ASX ETFs: Why has VGS outperformed VTS this year?
-
Business22 hours ago5 things to watch on the ASX 200 on Monday 7 April 2025