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Showing 1311 - 1320 of 3753 results for "Acquisition"

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... largest shareholder with a 9.65% stake, has sent a letter to the consortium stating it will vote in favour of the acquisition at an offer price no less than $5.20 should it proceed. Yarra Funds Management, NovaPort Capital and AustralianSuper also hold ...

Stanford Brown adds partner

KARREN VERGARA  |  MONDAY, 12 OCT 2020
Stanford Brown has welcomed a new partner and financial adviser to the firm shortly after it named a new chief executive. Nicky Boustred has joined as a private wealth adviser and shareholder, after running Nixon Boustred Advisory, a financial planning ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Bravura Solutions has announced the acquisition of a UK software company for $41.5 million. Bravura will acquire Delta Financial Systems for $41.5 million, complementing its core Sonata offering and broadening its products and services. Delta is a UK ...

Aware Super announces $1bn property project

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has announced the acquisition of a 90% interest in a $1 billion project in New York as part of the fund's partnership with Lendlease. The property is 1 Java Street, Brooklyn and has an estimated end development value of $1 billion. The development ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on October ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... rental increases of 3%. The property is underpinned by a new 10-year lease to Mater with two five-year options. The acquisition introduces a new and well capitalised healthcare tenant to CQE's portfolio. The building is currently under construction ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
... management. The transaction will be 50% cash funded, with Morgan Stanley using about 100bps of excess capital. Through the acquisition, Morgan Stanley Investment Management (MSIM) will oversee about $1.67 trillion in assets and almost $7 billion in combined ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Last night's superannuation reforms could be a "modest negative" for AMP, IOOF and Link Group but have no impact on Netwealth and HUB24. The government is proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 ...

CountPlus adds to board, acquires member firm

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... our accounting and advice member firms," he said. The ASX-listed firm also announced it completed another tuck-in acquisition via its member firm Mogg Osborne, which serves regional towns around the Victorian and New South Wales border. Albury-based ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
A diversified financial services firm with $1.55 billion in funds under management has appointed two new directors to its board following the its recent merger. Euroz Limited has appointed Ian Parker and Richard Simpson to its board, both who bring ...