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Showing 391 - 400 of 3746 results for "Acquisition"

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... the majority of which is owned by members of the Bell family and Alastair Provan. Agriculture & Natural Solutions Acquisition Corporation (ANSC), a special purpose acquisition company (SPAC), entered into a definitive agreement to acquire AFA. AFA has ...

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
Betashares has finalised its acquisition of Bendigo Superannuation for an undisclosed amount. As of September 1, Betashares was the manager of $1.4 billion of super assets for 19,000 members. Betashares and ASX-listed Bendigo Bank declined to confirm ...

Count reports strong results on back of Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... serving our clients, we're excited to have such a strong platform to build upon." Humphrey highlighted the Diverger acquisition as being a standout moment for the company which is expected to deliver cost synergies with at least $4 million in annualised ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... grow LifeIncome." GDG declared a full-year dividend of two cents per share. Earlier this month, GDP completed the acquisition of shares it didn't already own in Lonsec. Lonsec delivered a 37% and 55% increase in underlying EBITDA and NPAT, respectively. ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... close of the KKR deal. D'Aloisio has been the target of much of the criticism that followed the announcement of KKR's acquisition, including in relation to uncertainty around its benefit to shareholders. He is to be succeeded by current deputy chair ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Listed investment company (LIC) WAM Active (WAA) returned nearly 30% p.a. to unitholders, trumping its benchmarks in the last financial year. WAA beat its reference indices S&P/ASX All Ordinaries Accumulation Index by 13.3% and the Bloomberg AusBond ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... million in contingent liabilities, which is incorrect. This relates to future instalment payments related mainly to the acquisition the Informed Investor group and client books purchased during the financial year. It had no contingent liability at the ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... ensure this service will meet the needs of a significant portion of our target market," he said. "Our OneVue Platform acquisition is on track. We have finalised plans for migration of OneVue clients to Praemium solutions. Each client has had this plan ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
The acquisition of Australian Executor Trustees (AET) has bolstered the revenue and client book of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration ...