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Showing 381 - 390 of 3746 results for "Acquisition"

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... and foreign investors for large-scale retail assets," she said. Notable transactions during the period include the acquisition of a 19.8% interest in the EastLink toll road in Melbourne, and the deployment of $367 million across seven private debt investments ...

Ontario Teachers', Hines snap up build-to-rent portfolio

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
The Ontario Teachers' Pension Plan and global real estate investment manager Hines have acquired two build-to-rent (BTR) properties in Brisbane, comprising 354 units, from ADCO Group. The first property, located at 28 Robertson Street in Fortitude Valley ...

Zurich launches new TPD option

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... assessment periods; improved rehabilitation offerings; and simplification of definitions and premium labels. Since its acquisition of OnePath Life from ANZ in 2019, Zurich provides life insurance to more than 1.5 million Australian customers under both ...

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
The global trading and investment platform is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... community project near Dapto in the Illawarra. ACCC commissioner Philip Williams said without the divestment, the proposed acquisition would've combined the largest masterplanned community projects in an already concentrated Illawarra market, which could ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... minimum investment of $50,000. Aliwa was previously known as Altor Capital. Should Powerhouse shareholders approve the acquisition, McNamee will become chief investment officer and portfolio manager at Powerhouse. Powerhouse targets businesses with emerging ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... jumped to $1.14 at the open today following the announcement. Morningstar equity analyst Shaun Ler said the proposed acquisition appears reasonable, with a 14% takeover premium to its fair value and the last close price. "Platinum shareholders are offered ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ...

Nikko Asset Management to become Amova

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
... which then renamed it Tyndall Investment Management - what it was called when owned by Suncorp Life prior to its 2010 acquisition by Nikko. The renaming has no impact on the fund manager's ownership, remaining a fully-owned subsidiary of Sumitomo Mitsui ...