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Showing 471 - 480 of 7574 results for "Deal"

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... post completion, an amount of contingent Tier 2 capital support to Acenda. Nippon Life president Hiroshi Shimizu said the deal aligns with the company's intentions to continue to grow in the Australian life insurance industry and emphasised the merger's ...

Eyes on gaming, Chinese tech in 2025: Orbis

MATTHEW WAI  |  WEDNESDAY, 11 DEC 2024
... "Gaming is a growth business, so it can be quite attractive... but they [Nintendo] have this 'boom-bust cycle' to deal with, which is an obvious risk for the company." According to tradition, the Switch 2 - expected to launch in mid-2025 - will ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... of the outcome". Further, Perpetual said it is engaging with KKR to consider the potential impact on the transaction. The deal was slated to close in early 2025. If it goes ahead, the sale of the wealth management and corporate trust businesses will ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... Partners says it is no longer interested in acquiring Platinum Asset Management. It comes as the latter confirms its first deal under the new Platinum Partner Series initiative. In late September, a bid from Regal was rejected by Platinum's board before ...

South Australian financial adviser slapped with seven-year ban

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
South Australian financial adviser Bruce Davis has been banned for seven years by ASIC. Davis, who was the sole director and responsible manager of Wise Investment Advisers, has been barred from providing financial services, controlling an entity that ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
HarbourVest Partners has hired Vanessa Pham as vice president of its private client group. The private markets specialist said Pham's appointment comes as the asset manager looks to further increase its coverage in the private wealth and family ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott Kapnick. ...

Spatium partners to launch wholesale agricultural fund

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
Spatium Capital has kicked off a new joint venture with Invest Inya Farmer (IIF), an agriculture production assets investment platform, to provide wholesale investors access to private agriculture production assets across Australia and New Zealand. ...

Praemium partners to bring structured products to HNWIs

MATTHEW WAI  |  TUESDAY, 3 DEC 2024
Praemium inked a deal with Stropro, an alternative investment platform, to offer financial advisers improved access to structured products to better meet the evolving needs of their high-net-worth (HNW) clients. The agreement will bring advisers new ...