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Showing 1201 - 1210 of 3464 results for "Stake"

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The Australian Securities Exchange (ASX) has recorded a fall in profit in its half-year results and has replaced its chair following the retirement of its incumbent. Net profit after tax dropped 3.4% to $241.8 million and net interest income down 39.5% ...

PGIM invests in property VC fund

KARREN VERGARA  |  FRIDAY, 5 FEB 2021
PGIM Real Estate has acquired a stake in a venture capital fund that scales companies providing technological solutions to the real estate and infrastructure sectors. RealTech Ventures Fund, which is owned by Sydney-based Taronga Group, provides a growth ...

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
Janus Henderson has announced its major investor, Dai-ichi Life Holdings, is selling its stake to refocus capital on its global insurance presence, with the two signing a revised strategic agreement. The asset manager announced in its full-year results ...

IFM to acquire energy company

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
... investment is aligned to both firms' net-zero carbon emissions pledges. IFM recently made a $7.9 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. "[Enwave's] delivery of essential district energy services, providing ...

BT appoints risk expert

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
BT has hired a wealth management risk expert from MLC to oversee compliance functions across its platforms and operations. Caroline Guillot recently joined BT from MLC, taking on the title of head of risk platforms, investment and operations. Guillot ...

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... not to proceed with the acquisition," Link told the ASX this morning. Link also announced that its divestment of its 44% stake in Property Exchange Australia (PEXA) is underway with "good indicative interest received to date". Link and the Commonwealth ...

PPS Mutual hires from BT

ANNABELLE DICKSON  |  MONDAY, 1 FEB 2021
A former BT Life manager has joined the mutual life insurance firm as business development manager for New South Wales. Sophie Gacomi has over 10 years' experience in business development roles and spent the last year at BT Life. Prior to this, Gacomi ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... 75% of the financial services market. It seems NAB had been planning its move on 86 400 for some time, acquiring an 18.3% stake last year. NAB said it did this "to support 86 400's growth". Now, it has taken the leap for a full acquisition for $220 ...

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
BlackRock will push companies to disclose plans for their transition to a net-zero carbon economy, chief executive Larry Fink stated in his annual letter to company leaders. Fink's annual letter to chief executives sets the engagement agenda for the ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
IFM Investors has made a EUR 5 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. The stake will form part of IFM's Global Infrastructure Fund. Naturgy is based in Spain and listed on the IBEX 35 exchange. Its diversified ...