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Showing 21 - 30 of 99 results for "PEP"

Link allows BCM due diligence

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
The Link Group board agreed to provide a syndicate led by Pepper European Servicing with exclusive due diligence information following the takeover offer for Link's Banking and Credit Management (BCM) business. The PES syndicate has been given exclusive ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
A syndicate led by a global financial services firm is offering to buy Link Group's banking and credit management arm for $87 million. Pepper European Servicing (not part of ASX-listed Pepper Money) and a group of firms offered €55m ($86.5m) for ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
"We have to take the economy through the pandemic and into a recovery phase, which has now started. We need to really anchor the recovery. We always talk about inflation anchoring and we are not oblivious to that. But the recovery needs to be firm ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

MCP builds out team

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
Metrics Credit Partners has made a raft of appointments, hiring from Vision Super and JLL. Stephen Nash has joined the boutique as director of market strategy. Nash was most recently at Vision Super, prior to which he was chief investment officer at ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
Ethisphere has released a list of the world's most ethical publicly traded companies, and has claimed that these companies outperformed a comparable index by 7.1% over the last five years. "Honorees integrate ethics and values with corporate strategy. ...

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
Link Group has canned its $266 million European acquisition and is forging ahead with the sale of PEXA. Link scrapped its takeover bid of Pepper European Servicing (PES), offering $266 million for the loan servicing, advisory and asset management firm ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... mid-morning, the day after SS&C announced its interest. On October 28, Link rejected the $5.40 per share offer made by the PEP-Carlyle consortium, but flagged that it continues to engage with it by providing them access to a "virtual dataroom", and question-and-answer ...