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Showing 141 - 150 of 443 results for "Buys"

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
A Macquarie-led consortium will acquire a UK investment bank for £2.3 billion ($3.9 billion) and merge it with its existing UK infrastructure business. Macquarie, along with the Universities Superannuation Scheme (USS), purchased the Green Investment ...

WAM Capital buys unlisted company

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Listed investment company WAM Capital, managed by Wilson Asset Management, is acquiring an unlisted investment company with net assets worth $25.5 million. It will issue 13,246,376 new shares under the terms of the deal on or before 19 April, calculated ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
... Rainmaker Information in December 2014, showing that the average premiums for Coles Life Insurance - including a 20% Fly Buys discount - cost more than double as much as the average group insurance available via superannuation, when contrasted against ...

Global PE firm buys Australian office chain

ALEX BURKE  |  TUESDAY, 14 MAR 2017
The Australian and New Zealand operations of business product and solutions provider Staples has been acquired by a global private equity firm for an undisclosed sum. The news of Platinum Equity's acquisition occurs at the same time the firm announced ...

South Korean pension fund buys Brisbane property

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
A South Korean pension fund purchased a landmark office building in Brisbane, showcasing the increased international investment in Australian real estate stretches beyond Sydney and Melbourne. AXA Investment Managers' property investment arm, Eureka ...

Kaplan buys artificial intelligence regtech

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
Following a partnership to develop a digital solution for advisers, Kaplan acquired an artificial intelligence-based regtech provider. The education provider has been working with Red Marker to develop Artemis, a solution for financial advisers to create ...

Australian Unity buys Altius, sells down Wingate

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2017
As part of an expansion of its wealth business, Australian Unity will purchase the remainder of fixed interest manager Altius Asset Management. In a statement to Financial Standard, Australian Unity Wealth chief executive David Bryant said it is part ...

Top 10 financial planning stories in 2016

STAFF WRITER  |  TUESDAY, 20 DEC 2016
... shareholders and customers, a complication that ANZ chief executive, Shayne Elliot argues is not worth it. 5. Not-for-profit fund buys StatePlus First State Super announced it would acquire StatePlus from State Super in May, a deal which potentially ...

Preqin buys solution platform

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2016
Preqin has acquired a cloud-based private equity monitoring solutions provider. Effective immediately, Preqin has taken a controlling stake in Baxon Solutions after forming a strategic partnership in January 2015. Baxon Solutions offers clients a tailored ...

Singapore sovereign wealth fund buys $3.4bn asset

ALEX BURKE  |  TUESDAY, 8 NOV 2016
Singapore's sovereign wealth fund, GIC, has acquired a major developer and manager of European logistics properties for €2.4 billion ($3.4 billion). P3 Logistics Parts is one of Europe's biggest logistics platforms, with a 3.3 million square metre ...