Challenger receives buyout offer worth $11.80 per share
Challenger (ASX:CGF) has received a non-binding indicative takeover proposal from TAL Dai-ichi Life Australia to acquire the remaining 79.5% of ordinary shares it does not already own.
Challenger (ASX:CGF) has received a non-binding indicative takeover proposal from TAL Dai-ichi Life Australia to acquire the remaining 79.5% of ordinary shares it does not already own.
Praemium (ASX:PPS) reported a 7.4% increase in platform funds under administration to $34.4 billion for the first quarter of FY27.
Insurance Australia Group (ASX:IAG) has submitted a package of competition remedies to the ACCC to gain regulatory approval for its strategic alliance with the Royal Automobile Club of Western Australia.
New Zealand insurer Tower (ASX:TWR) raised its full-year underlying net profit forecast to between NZ$69 million and NZ$79 million.
Suncorp (ASX:SUN) clarified that it is not in discussions regarding a takeover after responding to an official price query from the ASX.
The Royal Automobile Club of Western Australia delivered a record $288.2 million net surplus for the 2026 financial year.
Insurance Australia Group (ASX:IAG) subsidiary Insurance Australia reached a confidential settlement in Federal Court proceedings brought by Credit Suisse entities.
QBE Insurance Group (ASX:QBE) announced the appointment of Jonathan Groves as CEO for Australia Pacific, effective Nov. 1.
Tower (ASX:TWR) completed the renewal of its reinsurance programme for the financial year ending Sept. 30, 2027.
Praemium (ASX:PPS) reported a 14.5% increase in underlying EBITDA to $32.1 million for the financial year ended June 30.
Steadfast Group (ASX:SDF) reported a full-year statutory net profit after tax of $269.1 million for FY26.
AUB Group (ASX:AUB) achieved an underlying net profit after tax of $224.6 million for FY26.
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