Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 114 results for "Conglomerate"

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... US$3.1 billion in debtor-in-possession (DIP) financing that would benefit the private equity firms instead of the toy conglomerate and its creditors. "For years, the defendants took money out of Toys "R" Us and underinvested in critical resources. As ...

Macquarie quietly rolls out low-cost platform menu

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... groups and self-licensed firms adding it to their approved product lists. Earlier this week the financial services conglomerate said it expected its 2020 financial year performance to be down on last year, despite growth in the firm's asset management ...

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... billion). She co-founded the world's largest betting company with her brother, John, in the early 2000s. The online conglomerate now facilitates more than $94 million (US$65 million) in bets each year. Down under, Macquarie chief Wikramanayake tops the ...

ESG scores may be inflated: Eaton Vance

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
As investors seek to integrate ESG data into their investment processes, they can mistakenly conflate ESG scores in practice with more familiar financial quality metrics, new research from Eaton Vance has revealed. The paper suggests the conflation ...

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... international organisations over the last 15 years, Rio Tinto among them. The fund will also now allow investment in global conglomerate Grupo Carso, defence company General Dynamics, fertiliser company Nutrien and retailers Walmart and Wal-Mart de Mexico. ...

Name and shame super sectors: AIST

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... Commission, AIST has also called for the volume of complaints in the public report to be listed both at an individual and conglomerate level. In this instance, a complaint against the superannuation offering of a wealth manager would also count as a ...

AustralianSuper awards international property mandate

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
... provided a $514 million development facility to finance One Crown Place in London. The loan will assist Malaysian conglomerate MTD Group to develop the 34,400 square metre property. The building will comprise 12,600sqm of office space, 650sqm of retail ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life ...

Centuria bets on ex-CBD Sydney office building

KANIKA SOOD  |  MONDAY, 30 APR 2018
... 20 years, in both unlisted and listed property Its real estate investor on the deal, Lederer Group, comprises of conglomerate of entities including property, manufacturers, financial investments and community based developments. The partnership goes ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
ANZ's attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ ...