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Showing 1361 - 1370 of 3464 results for "Stake"

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
The ASX has announced it will extend its temporary capital raising measures until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... Damian Graham noted the fund had already made significant investments in a sustainable future. "Last year we took a one-third stake in the $1.1 billion South Australian wind farm, Snowtown 2; and have recently completed investments in a world-leading ...

Iress executive moves to non-executive roles

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... largest shareholders, Alex Waislitz's Thorney funds, have called Iress's bid too low, and have continued to build their stake in OVH with the most recent purchase of July 1, taking it to 17.69% of the voting power.

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... circling in on those responsible for this litany of poor decision making." AustralianSuper, which has a roughly $1 billion stake in Rio Tinto, said it had "two or three" discussions with Rio Tinto expressing disappointment around the Juukan Gorge incident ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... Partners (through its 100% owned subsidiary CW Bidco Pty Limited in which private equity firm Five V Capital has a controlling stake) entered a business sale agreement for a price of $12 million to acquire Chant West's superannuation consultancy ...

Artisan teams up with Melbourne multi-boutique

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... conviction growth Australian equities) and Artisan Partners (Global small and mid-cap equities). Earlier this year, it sold its stake in Ralton Asset Management which focused on SMAs to ASX-listed 360 Capital as the latter looked to build out its equities ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... billion in capital raised by local businesses at the end of the Global Financial Crisis. "Industry super funds hold a major stake in Australia's economic life," it said. "They invest in Australian listed companies - holding 10% of the ASX - are active ...

McMillan Shakespeare restructures operations

ALLY SELBY  |  MONDAY, 29 JUN 2020
... seen McMillan Shakespeare restructure its UK business and announce it will fork out $8 million to acquire the remaining stake in an Australian organisation. McMillan Shakespeare is a single source solution provider of salary packaging, novated leasing ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... Investment Partners, which escaped multi-boutique Prodigy's demise, has found a new strategic partner who is acquiring a 50% stake in the small caps equities boutique. Warakirri Asset Management is the investor, and will also provide capital to support ...

Pendal adds SRI lense to multi-asset fund

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
Pendal has increased the consideration of sustainability factors in its multi-asset target return fund, in what it claims is an Australian first. The global investment manager has introduced a new set of screens to its $189 million multi-asset target ...