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Showing 1701 - 1710 of 3466 results for "Stake"

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... consortium's old offer, Healthscope said in ASX filings. The consortium also told HealthScope that Ellerston Capital, which owns a stake in the company, is supportive of Healthscope letting the consortium in for due diligence. Ellerston will also support ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

Macquarie boss joins climate change commission

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Macquarie's chief executive designate Shemara Wikramanayake has been named a commissioner for a global climate change initiative, alongside Bill Gates and Ban Ki-Moon. The Global Commission on Adaptation was launched at The Hague yesterday with ...

Board director departs life insurer

JAMIE WILLIAMSON  |  TUESDAY, 16 OCT 2018
... follows the end of a co-operation agreement between ClearView and Sony Life that lasted 18 months; Sony Life took a 14.9% stake in ClearView in late 2016. Despite Wakuya's departure, ClearView noted that Sony Life remains a significant and committed ...

Cbus invests in UK infrastructure

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
The $47 billion industry fund has taken a direct stake in a UK ports company in which First State Super also holds a share. The investment in Forth Ports is Cbus' first direct offshore investment in infrastructure. It takes Cbus' infrastructure ...

Property manager acquires $645m portfolio

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... transaction, CMA will be the sole owner of Melbourne's 818 Bourke Street and two properties in Brisbane. It will own a 25% stake in a Sydney, Chatswood-based property for $501 million. Lederer Group will acquire the remaining 75% of the Sydney Chatswood ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... bought a 17.6% share in MYOB from Bain Capital at a price of $3.15 per share. Bain Capital's sell down gave KKR a 19.9% stake in the Melbourne-based company. Bain still has about 6% of MYOB's stock on issue. Now KKR has made an unsolicited proposal ...

Global manager sells local boutique stake

KANIKA SOOD  |  MONDAY, 8 OCT 2018
Pacific Current Group has offloaded its stake in a Sydney-based small caps manager, in a move that ratings house analysts labelled as positive for the boutique. PAC sold its stake in Celeste Funds Management to Celeste's founder and chief investment ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... Chief executive Matt Whineray said the returns could be credited to three factors: investments in timber (primarily a 42% stake in Kaingaroa Timberlands); an internally-managed credit mandate and strategic tilting of the fund's asset allocations. "Looking ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
Round six of the Royal Commission exposed systemic issues across the life insurance value chain and its fledgling code of practice that's yet been powerless to stop unethical behaviour. But industry experts say all hope is not lost. Counsels assisting ...