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Showing 1481 - 1490 of 6679 results for "Sale"

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... investment in the film industry and that the scheme structure had been subject to due diligence by those participating in the sale and leaseback of Disney film rights. However, an investigation by Her Majesty's Revenue and Customs revealed that the Eclipse ...

Melbourne boutique appoints head of distribution

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
Mark Landau and Raphael Lamm's boutique has hired a new head of distribution. Chris Clayton joined L1 Capital in the newly-created role last month and is responsible for managing business development, marketing and client services. Clayton was most ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
AMP Life has appointed a chief investment officer and a deputy, as its sale to Resolution Life crosses New Zealand central bank's concerns raised last July. The sale was first announced in October 2018 for $3.3 billion and the completion date set for ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... director of the company, as a result of concerns held by him on the solvency of the company and his view of a risk of a fire sale of assets by the receiver appointed by the IPO Wealth Fund's trustee that could affect investor positions," Cor Cordis ...

Westpac sells legacy stake in Pendal

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... separates its operations from the bank. It will add abouttwo basis points to Westpac's common equity tier 1 capital. Yesterday's sale rids Westpac of its final share in Pendal, and comes at a time when Westpac is also doing a strategic review of its ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
"...and I think to myself, what a wonderful world." -- Louis Armstrong It seems a long, long time ago but it's only been three whole trading days (June 11) since Wall Street suffered a big fall - the day US benchmark equity indices closed sharply ...

Flamingo AI acquisition scrapped

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
ASX-listed Flamingo Ai's proposed sale of its assets to Rymamay Investments has been scrapped after due diligence by the latter, as the parties couldn't agree the terms of the share sale agreement. Flamingo's board has now set itself a 30-day timeline ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
Just when we thought that life was slowly returning to normal, reports out of Beijing have turned into reality what many feared - a second wave. While all our uncles and their dogs blamed China for the "bother" the world finds itself in, its policy ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
"Renaissance is a French word meaning "rebirth." It refers to a period in European civilisation that was marked by a revival of Classical learning and wisdom. The Renaissance saw many contributions to different fields, including new scientific laws ...