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Showing 1471 - 1480 of 11817 results for "Price"

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
The Foreign Investment Review Board's (FIRB) 2019-20 annual report shows that just like Australians, foreigners are also in love with our local property market. The FIRB approved a total of 7496 applications for the purchase of commercial and residential ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... two options: either take WGB's share and options offer or exit at TGG's NTA (which is higher than current trading price) in a buy-back that Templeton has agreed to do. TGG directors, who have been considering the discounted LIC's options ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... Virginia and runs primarily in long-only equities with US$30.5 billion in funds under management. Pendal said the purchase price was 7.6x the first half 2021 EBITDA (annualised, excluding synergies). It said the firm was forecast to double earnings per ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... China's - by far its biggest buyer (accounting for 43% of total exports) - increased demand for iron ore and the soaring price of Australia's biggest commodity export - continue to underpin the Lucky Country's economy. Iron ore broke above ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
The nation's wealth gap continues to widen as new research suggests Australia is among the richest in the world, rising up the ranks to record one of the largest gains in wealth in 2020. Credit Suisse's latest Global Wealth report saw Australia ...

PwC names financial services lead

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
PricewaterhouseCoopers has announced senior leadership changes that includes appointing a new lead for its financial services unit. Tom Gunson has been promoted to the role of financial services leader, overseeing the consulting, assurance and financial ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... share via scrip. This is a premium to MLT's NTA (both pre-tax and post-tax) as well as its shares' current trading price. If successful, the transaction will take SOL from its current market cap of $7.2 billion to $10.8 billion (about 50% higher ...

Coolabah lists fund on Chi-X

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Coolabah Capital Investments has listed a fixed income fund on the Chi-X as a quoted managed fund. The Coolabah Active Composite Bond Fund targets after-fee returns of 1% to 2% per year over the Bloomberg Ausbond Composite Bond 0+ Yr Index. It invests ...

ME Bank acquisition receives green light

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... BOQ's takeover of ME Bank from 26 industry superannuation funds today. The acquisition was flagged in February 2021 with a price tag of $1.325 billion. The transaction will be fully funded via an equity raise. ME Bank chief executive Adam Crane said ...