The latest issue of Financial Standard now available as an e-newspaper
Consortium eyes Link GroupBY KARREN VERGARA | TUESDAY, 13 OCT 2020 11:39AM
Two private equity firms are spearheading a takeover of Link Group to acquire 100% of the ASX-listed administrator.Read more: Link Group, Link Fund Solutions, QBE, UBS, AustralianSuper, Carlyle Group, Foreign Investment Review Board, Herbert Smith Freehills, John McMurtrie, Link Market Services, Macquarie Capital, NovaPort Capital, Pacific Equity Partners, Vivek Bhatia, Woodford Equity Income Fund, Yarra Funds Management
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|