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Showing 401 - 410 of 3455 results for "Stake"

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
Morgans Financial has toppled AMP Financial Planning (AMP FP) to become the licensee with the largest number of financial advisers. Morgans recorded 431 active advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... adequately represent fair value for" its shareholders. Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to the 2024 annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First Sentier ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
The government has released a new tool with the aim to streamline and coordinate regulation in the financial sector. Treasurer Jim Chalmers said the tool will help build a more competitive, dynamic and productive economy. "We want to make it simpler ...

January Capital raises $136m for APAC growth credit fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... ShopBack and Go1 in their formative stages through to their late stages." The announcement follows Scarcity Partners' minority stake takeover of January Capital earlier this month.

Australian Retirement Trust takes stake in Pattern Energy Group

MATTHEW WAI  |  WEDNESDAY, 18 DEC 2024
Australian Retirement Trust (ART) and Dutch pension fund ABP will acquire Riverstone Holdings' equity stake in US-based renewable energy and transmission infrastructure company Pattern Energy Group. Pattern Energy Group was founded by Riverstone Holdings ...

Oaktree completes $240m AZ NGA deal

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... Advisory's (AZ NGA) largest shareholder with a $240 million investment. As part of the deal, Azimut retains a strategic stake of at least 25% in the company, alongside stakes held by management and business owners. The trio will work together to cement ...

TCorp buys Euroclear stake from LSEG

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
TCorp is now a minority owner of financial markets infrastructure company Euroclear. TCorp has acquired a 4.92% stake in the Belgium-based clearing and settlements firm, with the holding valued at about $752 million. The interest was previously held ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... yesterday reporting that Bain Capital was the lead buyer. Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to the latest annual report, followed by Hostplus' 9.1% interest. Mitsubishi UFJ Financial Group and First ...

GPT Group, Perron enter retail partnership

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... executive Adam Irving said the company is delighted to have successfully concluded negotiations over the sale of the half-share stake in both properties. "We identified GPT as an ideal partner for both Cockburn Gateway and Belmont Forum because of its ...