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Showing 31 - 40 of 3279 results for "Acquisition"

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... Perpetual reported an increase to its underlying net profit after tax and operating revenue, largely due to the Pendal acquisition. Underlying profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... retirement spaces, including on the competition front with fellow indexer Betashares poised to make its entry following the acquisition of Bendigo and Adelaide Bank's super arm, Shrimski said he and the Vanguard team are solely focused on what they're ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... performance, with an 11% increase in normalised EBITDA of $4.1 million, driven by organic growth and the November acquisition of Financial Advice Matters Group. Its profit after tax was $4.9 million and gross revenues came in at $140.5 million. In its ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... eps accretion for our shareholders," Praemium chief executive Anthony Wamsteker said. "This is a highly strategic acquisition which adds greater scale and significantly enhances our ability to improve operating margins." He expects Praemium's platform ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
Sequoia Financial Group reported an "abnormally high" net profit after tax (NPAT), coming in 4317% higher than the prior corresponding period. However, it also flagged "several" complaints to the Australian Financial Complaints Authority (AFCA) that ...

Future Group commences organisational restructure

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... management increase more than tenfold in four years, attributed to surging interest in ethical investments and a targeted acquisition program.

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... $42.6 million charge related to the redress provision including related deferred tax, and a $20.8 million charge for acquisition, integration, and transaction costs. Consistent with Link's obligations under the SID with The Trust Bank, the board ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... Humphrey said. "These results strongly endorse this focus with the most exciting phase still to come as we complete the acquisition of Diverger on March 1." After the Diverger transaction is completed, Count will become one of the largest advisory businesses ...