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Showing 131 - 140 of 376 results for "divestment"

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... Climate' resolutions, directors' elections, support or filing of shareholder resolutions and/or consideration of divestment, where HESTA considers there is inadequate evidence of progress to address risks and it is in members' best financial ...

Ampol to sell 49% of Z Energy Properties to Charter Hall

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... ungeared and is expected to be consolidated for accounting and ratings purposes. The acquisition will be funded by the divestment of CQR's its 52% interest in the Coles Distribution Centre, Adelaide (CDC) at book value to a Charter Hall managed fund. ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
... appointments complement and coincide with some recent bold moves from its investment team. This includes the fund's recent divestment of oil and gas exploration and production companies, including Woodside and Santos, and its interim target of a ...

EG private wealth syndicate sells off industrial site

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... per annum over a 2.5-year period. Acquired in 2020 for $18.09 million, the multi-let industrial facility is the first divestment of an EG private wealth syndicate, which has assembled a portfolio of nearly $200 million. EG head of private wealth Rodney ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions by 2025 within the ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... the positives, Wamsteker said: "Praemium deliver solid net inflows this quarter and strong annual net inflows." "The divestment of our international business allows us to focus on our strategy to become one of Australia's largest independent specialist ...

Bendigo Bank agrees to buy ANZ margin lending book

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... through the ordinary course of operations, Bendigo and Adelaide Bank said. Disclosing the sale to the ASX, ANZ said the divestment is consistent with its simplification strategy and does not represent a material financial impact to the group. Bendigo ...

WTW appoints head of due diligence, and private equity Australasia M&A

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
Willis Towers Watson named Sarah Pendred as its head of due diligence and private equity for Australasia within its mergers and acquisitions practice. Pendred will take up the role on July 11 and report to WTW director Steve Torresan. She will be based ...

Vanguard appoints head of ESG product

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... we've been having in engagements across our portfolios," Dixon said. "We've been targeted by activist groups for divestment, and I think one of the key nexuses we saw was that while we didn't think divestment was the best lens to talk about ...

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...