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Showing 11 - 20 of 7596 results for "Deal"

Advice veteran's exit creates $1bn Tassie wealth group

KARREN VERGARA  |  WEDNESDAY, 8 JUL 2026
... adviser and business owner on June 30. MFG has been acquired by Wealth Financial, also based in North-West Tasmania, in a deal that brings together two longstanding local practices with aligned philosophies and client-first values. The merged business ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... chief investment officer Cameron Curko said EQT may come back with a revised offer. "EQT will have some scope to sweeten the deal further but will also draw a hardline on where value is reasonable. The reality with how the business has been managed ...

Centrepoint completes $3m client book acquisition

VINNY VUCAGO  |  THURSDAY, 2 JUL 2026
... comprehensive financial planning services while generating reoccurring revenue through ongoing client relationships. The deal marks the next phase of Centrepoint's partnership with Astute, following the completion of the lending solutions transaction ...

Treasury looks to reform regulation on consulting firms

RIDDHIMA TALWANI  |  WEDNESDAY, 1 JUL 2026
... government to look at structural separation options in the past. "Structural separation is clearly a cleaner and neater way to deal with some of these conflict issues than saying that firms should manage them more clearly within the firm," he said. He ...

Esencia seals third merger

VINNY VUCAGO  |  WEDNESDAY, 1 JUL 2026
... Esencia Wealth has continued its national expansion strategy, merging with New South Wales-based Cove Financial Group in a deal that brings around 650 clients and four financial advisers into the business. The Shellharbour-based advice firm is Esencia ...

Stablecoins a key to instant access to global credit markets

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... "In a lending context, that means collateral can be posted, verified, and released entirely on-chain. This removes a great deal of the opacity that has long disadvantaged smaller borrowers in international debt markets, by making lending transparent ...

Euroz Hartleys sells capital markets arm to Canada's BMO

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... Euroz Hartleys has sold its capital markets business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal. The divestment will allow the ASX-listed wealth firm to be a standalone pure-play private wealth business, it said. Both ...

HMC, KKR tie up receives ACCC approval

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... the Australian Competition and Consumer Commission (ACCC). The Foreign Investment Review Board (FIRB) has also approved the deal. Financial close is expected to occur on or around June 30. KKR will inject up to $603 million into the HMC Energy Platform ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
ASIC is suing former Keystone Asset Management directors Paul Chiodo, Ilya Frolov and Mark Yorston for allegedly failing their duties to safeguard superannuation members from the collapse of the Shield Master Fund. Some 5800 investors with $530 million ...

Sovereign wealth funds ramp up direct private investments

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
A new survey on global sovereign wealth funds (SWF) found assets under management allocated to private markets is becoming more active, with funds increasingly manage these exposures in-house than through third-party managers. The survey by Bain and ...