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Showing 1131 - 1140 of 3464 results for "Stake"

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
The founders of Primewest, who hold a 53% stake in the company, have accepted Centuria Capital Group's merger offer to become one of the largest real estate managers on the ASX. The Primewest founding directors John Bond, David Schwartz and Jim Litis ...

MAM fund buys waste company

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... plans, maintaining its strong focus on customers, health and safety, and sustainability." Blackstone previously made a 37.6% stake in Beauparc two years ago with the remaining holding belonging to Waters. "It has been a pleasure to partner with Eamon ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. The exposure draft legislation will use information held by the Australian Taxation ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... the platform at $3.3 billion. On listing, Link will receive a minimum cash payment of $50 million and will increase its stake in PEXA to 47% from 44%. "This is an outstanding outcome for the shareholders of Link Group," Link Group chief executive Vivek ...

CountPlus acquires tech solution

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
... announced a 51% investment in a paraplanning and administration service. The listed dealer group has acquired the majority stake in Wealth Axis, which is a boutique provider of paraplanning, technology and administration support services to financial ...

Pension fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 20 MAY 2021
A long-serving executive is set to be the first female chief executive of one of the world's largest pension funds. The Teachers' Retirement Board has named Cassandra Lichnock as the new chief executive of the California State Teachers' Retirement System ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
Stapling is expected to be the thorn in the Liberals' side when the Your Future, Your Super bill hits parliament next week, as shadow treasurer Stephen Jones digs his heels in on the start date and exclusions for members in hazardous occupations. ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing ...

Lonsec appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... the chair, replacing former chair Jeff Bresnahan. The executive changes follow Generation Development Group buying a 37% stake in Lonsec for about $20.1 million last year.

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
Bermuda-based listed financial services company Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists ...