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Showing 411 - 420 of 2699 results for "Agreement"

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
... shareholder of the company. A consortium led by Global Infrastructure Partners (GIP) and KKR recently entered into an agreement with Vodafone to invest in Vantage Towers. UniSuper joined the consortium through its relationship with KKR. UniSuper head ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... the auction. The FDIC's brief takeover of First Republic allowed the bank to enter into a loss-share transaction agreement in which the regulator, and the new owner, will share in the losses and potential recoveries on the loans covered. The FDIC ...

Lincoln International, Miles Advisory enter strategic partnership

CHLOE WALKER  |  THURSDAY, 27 APR 2023
The collaborative agreement between the Chicago-based investment bank and Sydney's Miles Advisory Partners aims to deliver an enhanced experience to their respective clients. The two said the agreement creates incremental industry expertise, geographic ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... that will be picked up by another boutique fund manager. ASX-listed CVC announced this morning that it entered into an agreement with Samuel Terry Asset Management to sell its stake so that it can free up capital. CVC sold 9.4 million units at 93 cents ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
Two industry superannuation funds have reached a key milestone, signing a Heads of Agreement to form a combined fund that will manage $20 billion. Mine Super and TWUSUPER have progressed in their merger process, which began in December 2022 with the ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
It is 10 years since more than 1000 people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker safety ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... commercial real estate partner, while Fidante will serve as Elanor's exclusive distribution partner. As part of the agreement, Challenger will sell its Australian real estate business to Elanor for $42 million, which will be received in new Elanor ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... the proposed acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agreement is reached, any such proposed acquisition would be completed," it said. GAM's share price rose on the back of the news. GAM ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... Zealand, along with asset-backed loans and other credit products. The following month, Regal entered into a binding agreement to acquire all the assets of Hong Kong-based East Point Asset Management, which manages US$100 million in long-short Asian equities. ...