Athene Leads Minority Investment in Australia s Challenger Limited
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HAMILTON, Bermuda, July 6, 2021 /PRNewswire/ Athene Holding Ltd. ( Athene ) (NYSE:ATH), a leading retirement services company, today announced that it, along with its strategic partner, Apollo Global Management ( Apollo ) (NYSE:APO), have agreed to acquire a 15% minority interest in Challenger Limited ( Challenger ) (ASX:CGF) from an existing shareholder, 3% of which is subject to customary Australian Prudential Regulation Authority approval. When combined with other Challenger shares acquired by Athene and Apollo, the acquisition of the 15% equity interest will result in a total expected minority economic interest of 18% for approximately A$720 million (or US$540 million). Athene and Apollo see attractive long-term opportunities in partnering with and supporting Challenger s continued growth as minority shareholders.
শেয়ারবাজারের ৪৬টি প্রতিষ্ঠান আইসিএমএবির বেস্ট করপোরেট অ্যাওয়ার্ড পেয়েছে sharebazarnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sharebazarnews.com Daily Mail and Mail on Sunday newspapers.
[co-author: Chris Hodge ]
In a recently designated precedential decision, the Patent Trials and Appeals Board (“PTAB”) considered challenges to claims covering autonomous robotic cleaning devices.
inter partes review over 35 U.S.C. § 312(a)(2) challenges by the patent owner. In its institution discussion, the PTAB determined that it does not need to resolve a dispute regarding a possible real party-in-interest (“RPI”) if the determination would not impact its institution decision. The PTAB declined to consider whether a non-party, JS Global Lifestyle Company Limited (“JS Global”), was an unnamed RPI. Instead, the decision considered 35 U.S.C. § 312(a)(2) determinations to be unnecessary for establishing PTAB jurisdiction.
Tegra118 Selected by Challenger to Strengthen Revenue and Invoice Management
Monday, December 21, 2020 12:00PM IST (6:30AM GMT)
Advantage Fee™ will enhance fee billing and invoice efficiencies, eliminate manual processes and minimize risk
WARREN, N.J., United States:
Tegra118, a top provider of wealth and asset management technology solutions – and a portfolio company of Motive Partners, a specialist private equity firm – announced today that Challenger is now a Tegra118 client for its comprehensive, cloud-based billing, revenue management and reporting solution. The largest annuity provider, and one of the fastest growing fund managers in Australia, Challenger will rely on Tegra118’s Advantage Fee™ platform to improve quality and productivity of invoice processing, increase transparency and accuracy on complex fee schedules, and streamline interfaces between accounting systems – all while enhancing
PTAB Designates Three Precedential Decisions on Follow-On Petitions and Real Parties in Interest ipwatchdog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipwatchdog.com Daily Mail and Mail on Sunday newspapers.