trending Market Intelligence /marketintelligence/en/news-insights/trending/w4cHK8jVM0ZNEH_kXS1xuw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Australia's WAM Active lowers bid for Keybridge Capital again

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Australia's WAM Active lowers bid for Keybridge Capital again

WAM Active Ltd. said Dec. 13 that it lowered its cash bid for Keybridge Capital Ltd. again, now at 6.5 Australian cents per share, citing Keybridge's declining financial performance, elevated operating expenses and a recent discovery of corporate governance issues.

The Australian asset manager initially offered 7.5 cents per share in June. Then it withdrew the bid and made a second cash offer at 6.9 cents per share in October.

The new offer represents a premium of 7.3% to Keybridge Capital's unaudited after‐tax net tangible asset as of Oct. 31. The offer is subject to several conditions, including a minimum acceptance of 50.1% of Keybridge shareholders.