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Showing 1351 - 1360 of 3753 results for "Acquisition"

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
Centuria has added two new assets to its Industrial REIT stable, which it acquired for a combined $32.5 million. As the responsible entity of the ASX-listed REIT, Centuria Property Funds No. 2 acquired a Beacon Lightings purpose-built distribution facility ...

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... $80 million. While any earnout payments for Waddle will be settled in 50% ordinary shares in Xero and 50% cash. The acquisition aligns with Xero's strategy to grow the platform to better address small business financial needs, it said. "The acquisition ...

Zurich rejigs operations team

KARREN VERGARA  |  MONDAY, 24 AUG 2020
... career aspirations of our team members, which is one of our ambitions as an employer-of-choice." Zurich completed its acquisition of ANZ's life insurance business OnePath in June last year.

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... choice to small and medium-sized business in Australia." Cerberus acquired Angle Finance in September 2019; its second acquisition in the region. It had previously acquired Bluestone Mortgages (mortgage lending specialist with operations in Australia ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... "Despite the challenging external conditions, we made strong progress in executing our strategy during the year with our acquisition of Trillium completed, the acquisition of Barrow Hanley, Mewhinney & Strauss announced, and strong growth in adviser ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... expenses. However, the company noted a 12% increase in revenue on the previous corresponding period as a result of its acquisition of QuantHouse and O&M Systems. The advice segment grew 14% on the previous corresponding period and reflected the growth ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
ASX-listed Fiducian Group doubled its net inflows to $217 million in FY20, as it posts $10.5 million in statutory net profit after tax for the year. Net profit for the group - which includes funds management, financial planning, corporate and platform ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... spent on admin work with a robust compliance overlay, allowing an adviser to focus instead on client relationships and acquisition, El Shammaa said. Instead of the advice process taking 10-12 hours, Finchley & Kent's digital process can reduce that to ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... provider said it is now focused on completing the conditional takeover of Powerwrap, announced in July. It said the acquisition will complement the existing business' growth strategy and product suite, with the merger set to increase FUA to over $28 ...

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... to buy 100% of Assuriti (Smartcorp) for $4.2 million as it reported a 15% increase in FY19 operating revenue. The acquisition compromises an upfront cash payment of $2.73 million upon completion, plus $1.47 in Class shares escrowed for 18 months. Class ...