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Showing 101 - 110 of 449 results for "Capital Raising"

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's net tangible assets. Combined, ME Bank and BOQ will have total ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Tide turns in ETFs, managed funds inflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... region saw record outflows of US$289 billion. Overall, 2020 was a bleak year for US funds management industry in capital raising. Long-term mutual funds and ETFs gathered only US$212 billion, which is much lower than the average annual inflows of US$356 ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

Ignition Advice chief exits

ELIZA BAVIN  |  WEDNESDAY, 6 JAN 2021
... he said. "After successfully leading Ignition, in partnership with Morgan Stanley, through our recent Series B capital raising, I know Ignition is in a much better place upon my departure." Prasad has transitioned into an independent consultant, relying ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... disruption in Hong Kong along with COVID-19 as to why it was unable to execute its growth plans. "This derailed capital raising efforts and we have decided to self-cease," Wong added. Under the acquisition, Ascalon retained interests in Morphic Asset ...

New York hedge fund invests in Thorney LIC

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... have a substantial shareholding. Thorney Group will invest $2.4 million in the placement. "The proceeds of the capital raising will be used primarily to invest in technology-related companies in both Australia and overseas across the investment life-cycle ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... manager of managed fund services Vicki Riggio. The transaction is conditional on Vitalharvest not conducting any capital raising or assets sales or acquisitions, MIRA said.

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... organisations and sets out nine measures to address conflicts of interest that arise in the key stages of debt capital raising transactions," ASIC said. "The guidance reflects an expectation of high standards of conduct by market intermediaries in the ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... impacts of COVID-19 on capital markets and on the demand for financial advice," the regulator said. Furthermore, the capital raising relief that assists listed companies raise capital quickly without compromising investor protection has been extended ...