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Showing 1601 - 1610 of 6679 results for "Sale"

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... coin offering". Enigma MPC, based in San Francisco and Israel, raised approximately $68 million (US$45 million) from the sale of 75 million of its digital coins (called ENG Tokens) to almost 6,000 people in 2017. Enigma issued the tokens to investors ...

Midwinter expands advice software business

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Midwinter Financial Services has announced three new appointments as it expands its advice software business. The appointments are across its sales, marketing and customer service functions of the cloud-based software business. Andrew Whelan was appointed ...

Lendlease, Canadian pension fund expand partnership

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Lendlease and Canada Pension Plan Investment Board (CPP Investments) have announced a $155 million agreement to invest in a new building in South London. In 2018 the Australian property giant and CPP Investments committed to a $2.6 billion Build-to-Rent ...

Art, rare coins cause issues for SMSFs

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... artwork to get it out of the SMSF, but the client was resistant to sell - saying auction houses would take a portion of the sale price and leave his SMSF worse-off. The client asked whether he could buy the artworks from his own SMSF. But who values ...

Zurich appoints distribution team

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
Zurich Life and Investments has announced the details of its new distribution team following the integration of OnePath Life. Nathan Taggart holds the role of head of sales, while Phil Gould is now head of distribution analytics and governance. Other ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... in April 2018 from PHAROS Financial Group and had plans to rebrand it as Sargon Adviser Services in March this year. The sale price was not reported. When the main holding company Sargon Capital and some other entities associated to Phil Kingston defaulted ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
"Workin' 9 to 5, what a way to make a livin' Barely gettin' by, it's all takin' and no givin'..." - Dolly Parton The Australian Bureau of Statistics' (ABS) latest update on the growth of wages among the country's workers ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... format...to ensure continuity for our clients," Agarwal said. Agarwal declined to comment on Focus's exact stake and the sale price. The transaction is expected to close in the second quarter of 2020, subject to regulatory approval and other customary ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic. According to the World Health ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... increased governance spending, pricing pressures and divestments. Statutory NPAT was $115 million, buoyed by proceeds from IOOF's sale of Ord Minnett business completed at September end. IOOF now has $145.7 billion in total funds under management/administration ...