Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1521 - 1530 of 3755 results for "Acquisition"

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... IOOF, both companies confirmed. "Sargon acquired AET from IOOF in November 2018. However, as this matter pre-dates the acquisition, IOOF indemnified Sargon," a Sargon spokesperson said. IOOF has been contacted for comment on its intention to reappeal. ...

Rainmaker Group expands into ESG media, acquires The Sustainability Report

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
... Financial services information publishing company Rainmaker Group, publisher of Financial Standard, announced the acquisition of sustainable investment specialist publications The Sustainability Report and Audacious Investing. Following the purchase ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... April this year but has been fully operational throughout. It will operate as a privately held company following its acquisition, after the deed of company arrangement was signed earlier this month. Under the new ownership, the business looks to "strengthen ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
... since it collects an enormous amount of data and knows when to target people for loans. "Square's cost of customer acquisition is $20 per user. A bank's cost of customer acquisition for a credit card is anywhere from $300 to $1500," Wood said. "There's ...

Centuria reveals new fund manager

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
... Australia's largest domestic pure play industrial REIT." The company recently expanded its portfolio with the $19.5 million acquisition of a property in South Australia's industrial precinct. The company said the property, located around 21 kilometers ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... chief financial officer Suzanne Evans said there are no changes to the investment strategy or staffing during the acquisition and that First Sentier will operate as an autonomous part of MUFG. "Other than me, nobody in our business has a reporting line ...

AXA IM dips toes in Aussie student housing

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
... February, it bought three hotels in Sydney's Olympic Park and one in Canberra's CBD as part of a $330 million acquisition. Novotel, Ibis and Pullman sit close to each other at Olympic Park which is home to ANZ Stadium, Qudos Bank Arena and Spotless ...

IFM Investors executive departs

KANIKA SOOD  |  MONDAY, 9 SEP 2019
An IFM Investors executive director has left the company, five months after the company paid $493,000 to settle sexual harassment claims made against him by a former associate on his team. Frederic Michel-Verdier's last day with IFM Investors was ...

Boutique AFSL acquires advice practice

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2019
... meet those needs." Profile Financial Services has been slowly but surely growing in recent years, making its last acquisition in August 2018. The business took over GROW Super co-founder Mathew Keeley's practice, Churpa Wealth. It also added to its ...

Ironbark acquires firm, eyes instos

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... Ambassador Funds Management Services. Ironbark chief executive and co-founder Chris Larsen told Financial Standard the acquisition was part of the firm's strategy to expand into the institutional space, while Ambassador was looking to move into the ...