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Showing 1541 - 1550 of 3465 results for "Stake"

Short-seller targets infant formula importer

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
... said. In 2017 Ausnutria acquired a Victorian dairy farm, Australian Dairy Park for $10 million. In 2016 it acquired a 75% stake in Australian vitamin maker Nutrition Care for $30 million.

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
Investors including Singapore's $150 billion plus sovereign wealth fund are looking to pull out over $1.3 billion from popular DNA testing company Ancestry.com, according to a news report. Singapore's GIC and private equity firm Silver Lake Management ...

BlackRock backs lifestyle, marketing firm

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2019
Following an investment of more than $1.2 billion, BlackRock now holds the biggest stake in the new owner of Sports Illustrated magazine. Entities affiliated with BlackRock's Long Term Private Capital (LTPC) fund made a strategic investment in Authentic ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Sigma-managed strategy in separate mandates, terminated the funds last month. In October last year, Celeste bought back a stake in the business previously owned by Pacific Current Group, taking the firm's equity to a 90% ownership by the investment ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... Peabody Energy, a coal mining company with operations in the US and Australia, with two million shares equating to an 11% stake in common shares, the report reads. When Peabody's share price fell 95% between January 2011 and July 2015, IEEFA calculated ...

Pinnacle profits up 32%

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
Pinnacle Investment Management profits jumped 32% to the year ending June with Firetrail accounting for most of the net institutional inflows across its 13 affiliates. The ASX-listed business, which takes stakes in boutique investment firms and offers ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
The latest stakeholder survey shows the Royal Commission continues to hurt the regulator's standing in the financial services community. APRA's latest biennial stakeholder survey shows industry players are less impressed with the prudential ...

Fitzpatricks expands footprint

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... Fitzpatricks Private Wealth added another practice to its growing network. Fitzpatricks told Financial Standard it bought a stake in Perth-based Stewart Symonds & Partners, representing 38 new advisers who have joined. It is one of seven new practices ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... in talks to acquire Refinitiv in a US$27 billion deal. The deal would see the stock exchange buying Thomson Reuters' 45% stake in Refinitiv, a global provider of financial markets data and infrastructure that generated $6.3 billion in revenue last year. ...

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
IFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation ...