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

Search Results

Showing 101 - 110 of 135 results for "Challenger Financial Services"

Challenger disappoints investors with big goodwill writedown

AAP  |  TUESDAY, 31 AUG 2004
The Kerry Packer-backed Challenger Financial Services Group on Monday reported its first net loss since incorporating, impacted by a massive writedown of goodwill. The $280 million writedown of the carrying value of the Challenger Life business made ...

Challenger flags share consolidation after writedown in FY04

AAP  |  MONDAY, 30 AUG 2004
Challenger Financial Services Group has flagged plans for a five into one share consolidation and is also targeting a dividend payout in 2004/05 after a massive writedown impacted earnings in 2003/04. Challenger reported a net loss of $235.445 million ...

Challenger settles acquisition of Associated Planners

Challenger Financial Services Group confirmed on Friday it had paid $91.3 million for the acquisition of Associated Planners. The announcement comes a day after Challenger announced it had received unconditional approval for the acquisition from the ...

Court green lights Challenger's acquisition of Associated Planners

Challenger Financial Services Group announced on Thursday the acquisition of Associated Planners Group had received unconditional approval from the News Wales Supreme Court. The shareholders of Associated Planners had previously approved the acquisition ...

Challenger in talks to sell UK properties for $762 mln: Report

AAP  |  MONDAY, 26 JUL 2004
Challenger Financial Services Group is in exclusive talks to sell its British property assets for 295 million pounds ($762 million) in one of Britain\'s biggest commercial property investment deals this year. The Australian newspaper reported that it ...

Interstar launches largest ever Aust non-bank RMB issue

AAP  |  MONDAY, 5 JUL 2004
Diversified financial services company Challenger Financial Services Group (CGF) on Friday announced its wholly-owned wholesale mortgage finance business, Interstar Securities, had successfully launched the largest Australian non-bank RMBS issue. The ...

Challenger exits corporate super admin

Challenger Financial Services Group yesterday announced the completion and final sale of Challenger Superannuation Services (CSS) to Australian Administration Services (AAS). The parent company of AAS, the listed IT company Kaz Group, said in a statement ...

Challenger rallies as Lowy investment emerges

AAP  |  WEDNESDAY, 30 JUN 2004
Shares in Challenger Financial Services Group surged yesterday after another high profile business figure emerged as a major stakeholder. LFG Holdings, a private investment vehicle run by the family of Westfield chairman Frank Lowy, bought a 5.78% stake ...

LFG declares substantial interest in Challenger: report

The executive shakeup at Challenger Financial Services has taken another twist with the Lowy family's private investment vehicle, LFG Holdings, emerging as a substantial shareholder of the group, according to a newspaper report today. The Sydney Morning ...

Challenger CEO Cuffe steps down

Challenger Financial Services Group announced today Chris Cuffe has stepped down from his role as chief executive officer to concentrate on developing Challenger's wealth management business. Challenger director Michael Tilley has been appointed to ...