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Showing 311 - 320 of 2650 results for "Purchase"

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
A superannuation fund that targeted women has quietly closed after three years in market. FairVine Super, a sub-plan of Aracon Super, launched in May 2019 with a product specifically designed for women. The offering included a 'FairRewards' ...

Certe acquires Genesis Financial Partners

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... and nine advisers. Under the deal the specialist insurance advisory firm has acquired 60% of Genesis upfront and will purchase the remaining 40% at a later date. The combined group's client base, which includes many large legal and professional services ...

SCA Property Group names operations, funds management lead

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
... retail mall investment venture with Singapore sovereign wealth fund GIC, the SCA Metro Convenience Shopping Centure Fund, purchase the Beecroft Place shopping centre in Sydney's north for $65 million. The $750 million fund, which is 80% owned by GIC ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... years, Suncorp will receive an additional $10 million each year thereafter. Its chief executive Shayne Elliott said the purchase of Suncorp Bank will be a cornerstone investment for ANZ and a vote of confidence in the future of Queensland. "With much ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... watchdog also said it hadn't reached a view on Dye and Durham's request for informal merger clearance for its proposed purchase of Link. The ACCC invited submissions on its Statement of Issues last week and is scheduled to make a final decision in September. ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Diverger takes stake in McGregor Wealth Management

CHLOE WALKER  |  MONDAY, 4 JUL 2022
... services company has acquired a 35% equity interest in financial planning practice McGregor Wealth Management (MWM). The purchase was made through Diverger Wealth Holdings. McGregor is licensed by GPS Wealth, which is also a wholly-owned subsidiary of ...

Social impact fund to target essential workers

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... Launched today, the Home Owners' Partnering Equity (HOPE) initiative will co-invest up to 50% of an existing home's purchase price for essential workers. It is underpinned by a social impact investing model that is backed and measured by The ...

Melissa Caddick's multimillion dollar mansion to hit the market

CASSANDRA BALDINI  |  FRIDAY, 1 JUL 2022
The liquidators in charge of recovering money on behalf of Melissa Caddick's victims are hoping to sell the house in the coming weeks. Principal of Sydney Sotheby's International Realty Michael Pallier has been picked by Jones Partners to sell ...

Australian Retirement Trust, Morrison & Co acquire FiberLight

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
Australian Retirement Trust and H.R.L. Morrison & Co are key members of a consortium that will acquire the US fiber infrastructure provider. The consortium, which is led by Morrison & Co, also comprises a managed client of UBS Asset Management. It marks ...