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Showing 101 - 110 of 443 results for "Buys"

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
The much-anticipated sale of Madison Financial Group was finalised Tuesday evening, with the buyer paying $4.5 million to $5 million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... Japanese currency has depreciated by 5.2% versus the US dollar to ¥107.65 from this year's high of ¥102.01 (the US dollar buys more yen). Still, Abe isn't taking any chances, declaring that: "The path to reclaiming a complete normal while suppressing ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... especially one which is now the second biggest economy in the world... is a big no no... NO. More so if that country (China) buys 34.7% of your exports (based on World Bank figures) that roughly equates to what Australia sells to Japan (16.4%), South ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
A Chinese tech giant has bought a 5% stake in buy-now-pay-later provider Afterpay, after paying approximately $416 million for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech ...

Boutique buys out Bennelong

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Wheelhouse Investment Partners has acquired Bennelong Funds Management's stake in the business after a three-year partnership. Wheelhouse said under its independent ownership structure, it will continue to focus on delivering purpose-built investment ...

Stimulus is finite: Prime Minister

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... parliament tomorrow, because it must pass parliament. Australians need the certainty of that lifeline for the next six months, it buys us the next six months." Morrison was also briefly asked about superannuation and said that the idea of freezing the ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
Pinnacle Investment Management has bought a 25% stake in Christopher Joye's credit boutique in a transaction that values it north of $116 million. Pinnacle is paying $29.1 million for the interest. An extra $5 million is subject to the Coolabah ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... calculations." USD 200 billion? That's about US$10 billion short of New Zealand's entire economy. US$850 billion buys you Norway and Hong Kong plus loose change. The latest Fed research puts numbers in Financial Standard 's claim that it's ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... EU's biggest economy - is headed for its first recession since 2013 and the growing political risk in Italy. Germany buys 8.7% of the UK's total exports - the largest in the EU - while Italy accounts for 3.1% - the fourth largest. The continuing ...