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Showing 391 - 400 of 6679 results for "Sale"

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... higher than the initial estimates of between $106 million and $227 million. This also means shareholder proceeds from the sale will drop from $8.38 to $9.82 per share to $5.74 to $6.42. Perpetual said it is "extremely disappointed and disagrees with ...

TAL creates consumer and growth division

MATTHEW WAI  |  TUESDAY, 10 DEC 2024
The life insurer has appointed a general manager to lead its newly created consumer and growth team. Alexis Denby has taken on the role, where she will be responsible for TAL's direct and advised customer growth initiatives whilst ensuring its products ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Australian gross domestic product (GDP) rose 0.3% in the September quarter 2024 and by 0.8% since September 2023, according to figures released by the Australian Bureau of Statistics (ABS). "The Australian economy grew for the 12th quarter in a row ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... NGA acquired AMP's minority stakes in 16 advice practices for $82.5 million. AMP will book an accounting loss on the sale of about $36 million due to separation and transition costs in its upcoming 2024 financial year results. Neil Younger, Entireti's ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
After six months in the fund's top job, Raelene Seales has bolstered the executive leadership by hiring four new executives and promoting two staffers from within. Having reshaped Prime Super's operations and structure, her immediate priority ...

FAAA celebrates adviser excellence

MATTHEW WAI  |  FRIDAY, 29 NOV 2024
The Financial Advice Association Australia (FAAA) has announced the winners of its annual awards in Brisbane overnight, including Adviser of the Year and CFP Professional of the Year. Presented as part of the annual FAAA Congress, the awards presented ...

Bravura flags growth plans with leadership appointments

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
Bravura Solutions has named two senior appointments to deliver growth opportunities across the global pensions, superannuation, wealth, and transfer agency markets. Aaron Knowles has been appointed the global head of product management and marketing. ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... involved the disposal of AOF's main undertaking and the cessation of AOF's real estate investment business, including the sale of its main asset at 468 St Kilda Road, Melbourne, for $41.75 million. All net proceeds will be provided to AOF unitholders. ...

QIC backs Virescent Ventures

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... to Haben and US investment manager Hines, both of which will take a half stake. Financial Standard understands the final sale price was $900 million.

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Newly launched blockchain platform MezFi is offering retail investors access to property investments designed for the wealthy via Digital Fund Tokens (DFTs). The platform essentially houses MezFi Fund 1, an ASIC-registered managed investment fund that ...