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Showing 1291 - 1300 of 3464 results for "Stake"

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
... company Netwealth has announced its investment and partnership with data solutions fintech Xeppo. Netwealth purchased a 25% stake in Xeppo with the option to increase its holding to 50% in the future but noted the investment is not initially "financially ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
ASX-listed Generation Development Group is set to pay about $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated ...

New ETF set to debut on ASX

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... Digital Ventures and Pinnacle Investment Group, he said, as well as its holding in 360 Capital. Pinnacle insiders own a 50.58% stake in the business, while managing director Ian Macoun controls over 10%, he said. Similarly, 360 Capital managing director ...

ASX revises capital raising measures

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
The Australian Securities Exchange (ASX) has revised its temporary emergency capital raising measures that were put in place to assist companies during the COVID-19 crisis. The ASX said the measures will be tightened as a result of the stabilisation ...

Uniti ups bid to compete with First State Super

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... OptiComm, as it goes head to head with First State Super to take the company private. It comes as Uniti also secures a 19.5% stake in OptiComm shares though commitments from a number of institutional shareholders, comprising of call option and share ...

Melbourne boutique raising $70m for new fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... tower in Brisbane's Showgrounds area, and a joint venture with Frasers Property and Sekisui House for a $190 million stake in Sydney's Central Park precinct. The boutique employs about 30 staff across Melbourne and Sydney. Madhavan is also the ...

Brace for 5% returns from global stocks

KANIKA SOOD  |  MONDAY, 14 SEP 2020
Investors in global equities should expect 4.9% in annualised returns over the next five years, which is lower than historic averages, according to Northern Trust's annual asset class return predictions. Northern Trust every year publishes its expectations ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
Citi has appointed Jane Fraser to the role of chief executive as the incumbent retires after nearly four decades with the firm. Michael Corbat has been at the helm for the last eight years and will step down from official duties in February of 2021. ...

AustralianSuper welcomes Rio Tinto departure

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
AustralianSuper chief executive Ian Silk was among those to commend the departure of Rio Tinto boss Jean-Sebastien Jacques following the Juukan Gorge scandal. Rio Tinto announced Jacques would be stepping down on September 11, following a review of ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...