Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1001 - 1010 of 3751 results for "Acquisition"

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... former MLC Wealth and current Generation Development Group chair Rob Coombe was named as chair-elect ahead of the acquisition and has since been working with the business in an external advisory capacity. Coombe will lead the business, supporting the ...

Easton to rebrand, seeks to scale

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... its underlying organic potential growth," he said. White stopped short of saying that Easton is open to merger or acquisition opportunities, instead flagging that directors are "receptive to exploring major opportunities" in 2022 that will result in ...

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... risk advisers, and compete with other general insurance brokerages offering an authorised representative service. The acquisition is expected to cost the group about $2.5 million, based on a forecast EBIT of five times FY22 earnings. It will be funded ...

CountPlus reappoints chief executive

CHLOE WALKER  |  WEDNESDAY, 17 NOV 2021
... revenues and boosting shareholder return on capital. He reiterated the focus reflected in the quality of the merger and acquisition activities recently completed, and on the near horizon. "High-performing organisations actively invest in structured development ...

BT closes self-licensee business

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
BT will shutter its Practice Principals' Community (formerly known as BT Select or BT Open), with the head of the offering to depart BT to start an independent service for self-licensed practices. Kon Costas, who has been with BT for a decade and ...

Kelly+Partners to acquire firm

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
The ASX-listed accounting and private wealth group is set to complete a tuck-in acquisition of a firm in NSW. Kelly+Partners is set to pay $4.4 million for the Penrith-based accounting firm with 30% due in two years. The accounting firm is expected ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... Vicinity Centres acquired its 50% interest in the same trio of centres, which it continues to manage. "The Link REIT/EG acquisition is expected to instill further confidence into Australia's retail investment sector, demonstrating the enhanced institutional ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... 16 with full-year earnings per share totalling 48.2 cents. In addition, FUM doubled to $139.2 billion following the acquisition of Thompson, Siegel & Walmsley and favourable foreign currency movements. It also recorded $2.9 billion in outflows in the ...

Wealthwise acquires holistic advice firm

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... recently part of ClearView Financial Advice. The business will rebrand to Wealthwise Cockburn Central following the acquisition. This marks Wealthwise's 10th transaction in as many years, and follows a period of consolidation and transformation, and ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
Five individuals at Goldman Sachs in Australia and New Zealand have been promoted as part of the firm's global managing director class of 2021. In an internal memo, Goldman Sachs Australia chief executive Simon Rothery congratulated Andrew Boak, Andrew ...