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Showing 341 - 350 of 365 results for "divestment"

IOOF quadruples platform reach after Skandia buy

MICHELLE BALTAZAR  |  MONDAY, 2 MAR 2009
... under management and admin (FUMA) into its existing base. Rumours have been swirling for months about the possible divestment of the two businesses by its South African parent company, Old Mutual. IOOF ended the speculation when it announced today that ...

Alaska fund drops alternatives mandates

RUTH LIEW  |  MONDAY, 23 FEB 2009
... Corporation Board of Trustees endorsed legislation introduced by Governor Sarah Palin this year that would require divestment of directly-held companies doing business in Sudan. "We appreciate that the situation in Sudan is unique because it has been ...

Macquarie targets funds mgmt acquisitions

JOHN KAVANAGH  |  THURSDAY, 5 FEB 2009
Macquarie Group is aiming to take advantage of anticipated divestments of wealth management businesses by its global banking and investment banking rivals to bulk up in funds management. Macquarie Funds Group (MFG) head Shemara Wikramanayake told analysts ...

Credit Suisse expands private banking

MICHAEL HOBBS  |  WEDNESDAY, 23 APR 2008
Credit Suisse has purchased corporate advisory firm, Hindal, enabling the development of its strategy to provide investment banking, private banking and asset management services to high net worth clients and Australian businesses. Established in 1996 ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 NOV 2007
The Australian share market was slightly higher at noon after starting the day on the back foot after Wall Street finished down. At 1206 AEDT, the benchmark S&P/ASX200 index was 5.4 points higher at 6604 and the All Ordinaries had added 9.9 points to ...

Kelly switch shifts M&A landscape

WWW.THESHEET.COM  |  MONDAY, 20 AUG 2007
The appointment of Gail Kelly as Westpac's new chief executive is likely to change several merger and acquisition scenarios. Kelly is formally on six months leave (under the terms of her St George Bank contract) before taking the helm at Westpac in ...

Opposition mounts to Finsia education sale

HAMISH MADDEN  |  WEDNESDAY, 6 JUN 2007
... market leader in financial services education and the lack of clarity around what the board intends to do post the divestment are reasons to block the proposal. "The major ground that we are opposed to it on is that we don't feel that Finsia has done ...

MFS sells half stake in HFA

HAMISH MADDEN AND CAMERON BOGGS  |  MONDAY, 7 MAY 2007
... last week the sale of 39 million HFA shares at $2.00 per share, returning just over $78 million to MFS. Prior to the divestment MFS owned 39.7 per cent of HFA, it now holds "The selldown does not change our positive view of HFA and its growth opportunities. ...

IRESS seals $48m VisiPlan deal

... Buttula, said that the group intends to retain its stake in IRESS "for the foreseeable future". However, he noted that the divestment does transform IWL into a "more focused" business. Michelle Baltazar

InvestorWeb under threat in proposed VisiPlan sale

... sale of, and it is independent of the managed funds business." Asked how the company plans to use the proceeds of the divestment, he said it was still early days. "No, the deployment of those funds has not been confirmed." Michelle Baltazar