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Showing 151 - 160 of 511 results for "Public Offer"

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
A Pinnacle affiliate has launched the initial public offering for a new small cap listed investment vehicle. Spheria Asset Management is aiming to raise up to $250 million for Spheria Emerging Companies Limited (SEC), which will invest in a portfolio ...

Netwealth lodges prospectus for IPO

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
Netwealth is set to list on the ASX from November 20 with market capitalisation expected to be at $879.2 million. The investment platform provider today filed a prospectus with ASIC offering 71.3 million shares at $3.70 per share, expecting to raise ...

Magellan soars past $1.5bn for massive IPO

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... investors. Investors under the priority offer will be issued units tomorrow, while units under the broker firm and general public offer will be allotted the following day. Magellan chief executive Hamish Douglass, who will personally invest in $20 million ...

WA super funds combine forces

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
... intention to merge. WA Super and Concept One will join forces to create Western Australia's only not-for-profit, public offer superannuation fund. It will manage more than $3.2 billion for about 60,000 members. Talks of a merger began in December 2016 ...

Cromwell withdraws REIT prospectus

ALEX BURKE  |  MONDAY, 25 SEP 2017
Despite what Cromwell Property Group described as significant interest from institutional and retail investors, the firm has elected not to register the prospectus for its European real estate investment trust. Cromwell said that it will consult with ...

Adviser, SMSF demand driving LIC growth

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Financial advisers and self-managed super funds are helping drive the strong demand for listed investment vehicles offering wider asset classes and a more diversified portfolio, according to a MinterEllison report. The Australian listed investment companies ...

Westpac halts $14bn asset manager sale

ALEX BURKE  |  FRIDAY, 18 AUG 2017
Westpac has ended discussions regarding the sale of a $14 billion asset management subsidiary after the prospective bidder decided not to proceed. Charter Hall had originally entered talks with Westpac regarding the potential acquisition of Hastings ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
... IPO will consist of a priority offer to 250,000 to 300,000 Magellan shareholders and retail investors and a general public offer. The priority offer will include a loyalty reward of additional units representing 6.25% of the units allotted to an investor. ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... clients to MainstreamBPO subsidiary SuperBPO. The clients, which include seven retirement savings accounts and a public offer retail fund for customer-owned banks, have a combined funds under administration of about $650 million. MainstreamBPO will pay ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
A wealth management and chartered accountancy firm is about to list on the ASX following an initial public offering of 7.3 million shares at $1 per share. Kelly+Partners (ASX: KPG) was established in 2006, currently operates 12 offices in Sydney and ...