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Showing 131 - 140 of 201 results for "strategic review"

NAB sells trustee business to IOOF

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2017
... the purchase agreement is the right outcome for customers, with the decision for NAB to sell resulting from a strategic review of the trustee business. While still subject to regulatory approval, the sale is expected to be completed in the coming months. ...

Change of pace for Countplus

JAMIE WILLIAMSON  |  WEDNESDAY, 31 MAY 2017
... shareholding in CBC Financial Advisers, representing an over $800,000 profit for Countplus. The sale results from a strategic review of operating assets within Countplus," Rowe stated. As per the review, Countplus is in advanced discussions with a number ...

Hunter Hall independent review rejects WHSP takeover

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... participate in any superior proposal to acquire your Hunter Hall shares or future value delivered through the strategic review process" in light of the company's ongoing strategic review. The superior proposal may have already arrived in the form of ...

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

Centrepoint sells funding business for $20m

ALEX BURKE  |  TUESDAY, 20 DEC 2016
Centrepoint Alliance sold its Premium Funding business following a strategic review. The business has been sold to the Finance subsidiary of the Bank of Queensland for a total consideration of $20 million. BOQ said the business was appealing due to ...

SG Hiscock hires EQT exec

ALEX BURKE  |  THURSDAY, 17 NOV 2016
... same company. Before EQT, she spent 15 years at HSBC Asset Management. Cole's appointment follows SG Hiscock's strategic review, which led to the in-housing of distribution from EQT earlier this year. SG Hiscock will take portfolio management responsibility ...

ANZ to sell Asian retail, wealth businesses

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... accounted for $825 million in revenue and net profit of $50 million last financial year. The sale follows a six month strategic review by ANZ and reflects its desire to grow its institutional banking business in Asia, currently ranked as a top four corporate ...

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
... has, in fact, considered open-ending the fund, but that this idea was "discarded in connection with the 2016 strategic review." Furthermore, it was "open to LIM to call a meeting to change the constitution of the fund, provided that the proposed amendment ...

ThinkSmart to de-list from ASX

ALEX BURKE  |  MONDAY, 25 JUL 2016
... move, ThinkSmart group executive chair Ned Montarello said: "This transaction is the culmination of ThinkSmart's strategic review process, commenced in August 2015. "We look forward to welcoming Henderson to ThinkSmart's share register and believe Henderson's ...

Munich Re pursues divestment from insurance

KERRIE SYDEE  |  THURSDAY, 16 JUN 2016
Following a strategic review Munich Re has revealed it is considering divesting its primary insurance arm Great Lakes Australia (GLA). GLA is the Australian branch of Great Lakes Reinsurance (UK) SE (Great Lakes) and is a wholly owned subsidiary of ...