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Showing 1251 - 1260 of 3464 results for "Stake"

Perpetual gets green light for acquisition

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
... green light for its acquisition of a US-based asset manager. Perpetual announced in July it was seeking to acquire a 75% stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). The remaining 25% interest is owned by Barrow Hanley's ...

Evans Dixon thwarts Tony Pitt...for now

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... acquire the board. Despite 360's lack of a board seat and passing of the rights options plan, it still holds about 19.55% stake in Evans and Dixon. "We have not yet received 360 Capitals bidder's statement. As such, shareholders have been advised ...

CountPlus adds former MLC practice

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... CountPlus announced it sold its 61.28% interest in Specialised Business Solutions to The MBA Partnership. CountPlus has a 62.03% stake in The MBA Partnership. Small & Gunn and Arch Capital have recently transitioned to the network.

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... Highbury invested about $15 million in Channel Capital in 2017 when the business was three years old, in lieu of a minority stake in the business. Channel has now bought back the Highbury stake with financing from New York's Kudu Investment Management ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
... group has sold its 61.28% interest in Specialised Business Solutions to The MBA Partnership, which CountPlus has a 62.03% stake. The MBA Partnership will pay a maximum of $1.25 million with an upfront payment and the balance based on revenues for the ...

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... Limited will launch the business. Its chief executive Jon Lechte also has a non-executive directorship, and Cashwerkz has a stake in Fortlake. "We are delighted to bring the Fortlake Asset Management business to market, our first fund within the Fund ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
The Tax Practitioners Board has registered a new legislative instrument to allow BAS agents to expand their services in relation to the superannuation guarantee charge (SGC). The instrument, Tax Agent Services (Specified BAS Services No. 2) Instrument ...

AMP welcomes board director

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
AMP has added a former Telstra executive to its board, citing her experience in leading cultural change as a driving force. Kate McKenzie is currently a non-executive director of NBN Co, Stockland and previously served on the boards of Allianz Australia ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... however will be a wholly owned subsidiary of Ord Minnett. The news comes after Ord Minnett recently bought back IOOF's 70% stake in its business for $115 million. IOOF announced the completion of the sale and confirmed the buyer was a consortium ...

Three in a row for NSW? MySuper says so

JAMIE WILLIAMSON  |  WEDNESDAY, 4 NOV 2020
If you're undecided as to who to cheer for in tonight's State of Origin opener, a quick look at the MySuper performance of New South Wales and Queensland funds might be of some assistance. Hours out from kick-off at Adelaide Oval, Rainmaker ...