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Showing 1231 - 1240 of 3752 results for "Acquisition"

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
Just weeks after the downfall of Xinja, Neobank 86 400 has announced plans to join the NAB Group in a $220m acquisition. Founded by Cuscal, a Sydney-based IT service management company, and led by chief executive Robert Bell, 86 400 launched the mobile-led ...

Ord Minnett expands footprint

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... Equities. It has also added four analysts, James Casey, Nic Burgess, Luke Macnab and Supun Wijerathna, from its recent acquisition of E.L.&C. Baillieu.

Centuria spends big ahead of fund launch

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
Centuria Capital Group has announced three new acquisitions for its unlisted fixed term Centuria Industrial Income Fund set to launch next week. The three industrial properties are worth a collective $62.5 million and provide a 9.1-year portfolio Weighted ...

Cromwell appoints head of development

KANIKA SOOD  |  THURSDAY, 28 JAN 2021
... billion based on final completion value. It also has projects underway and in assessment in Europe, including a recent acquisition of a l ogistics park in Italy. "Cromwell has been adding value through proactive asset management, repositioning and refurbishment ...

EY Australia chief steps down

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
EY's Australia chief executive and Oceania regional managing partner has resigned after over 34 years with the firm. Tony Johnson joined EY in 1987 and was made partner just over a decade later. Following this, Johnson was promoted to managing partner ...

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... and Evolve," Mota said. "We are progressing well and meeting targets to enable the completion of the proposed MLC acquisition before 30 June 2021." So far, Mota said Advice 2.0 has seen practices with $363 million in funds under advice (FUA) become self-licensed ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
... majority of the transaction with equity commitments from its fund investors, with the remaining to be financed by an acquisition debt facility."

Clime consolidates SMAs

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
... streamlined its operations by consolidating and replacing a number of separately managed accounts (SMAs) after its acquisition of Madison Financial Group. The investment manager initiated its Project Streamline by consolidating Madison, WealthPortal ...

Ord Minnett adds to team

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... and most recently covered healthcare stocks at Blue Ocean Equities. It has also added four analysts from its recent acquisition of E.L.&C. Baillieu: James Casey, Nic Burgess, Luke Macnab and Supun Wijerathna. Their coverage areas will include insurance ...

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
... 10% via cash) to buy 75% interest in Barrow, Hanley, Mewhinney & Strauss from BrightSphere Investment Group. Post-acquisition, Perpetual's combined $92.3 billion would be 42% US equities, 11% global equities, 14% Australian equities, 27% cash and ...