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Showing 31 - 40 of 114 results for "Conglomerate"

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... premium to the revised proposal submitted by the TPG Consortium on May 15, which would see the latter acquire the media conglomerate for $1.20 per share. Fairfax's board has invited both bidders to conduct due diligence prior to making proposals binding. ...

ANZ has little time for robo-advice

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
... and is also part of the institution's strategy for transforming the business' culture. Elliott said that the bank's conglomerate presence in the past caused a failing in terms of visibility across all aspects of the business, saying that the complex ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
... in issued bonds which is almost triple what it was at end June 2010. BP losses reduce as debt jumps 24pct Energy conglomerate BP has announced a A$3.6 billion second half 2016FY loss. While the loss is high the company said it's lower than the A$5.6 ...

KPMG appoints wealth management and compliance director

KERRIE SYDEE  |  THURSDAY, 17 MAR 2016
KPMG has appointed Cecilia Storniolo as director of wealth management compliance and conduct. Storniolo joins KPMG from BT Financial where she was a key account manager. Prior to this she worked as a senior policy manager with the Financial Services ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
Australia's big four banks collect one third of all fees paid to superannuation funds totaling about $10 billion, according to research from Rainmaker Information commissioned by Industry Super Australia. The study found that the super industry drew ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
... thought through. This is because they have acknowledged their paper "is silent on the issue of independent directors in conglomerate groups" and also not addressed how non-independent, ie, formerly equal representative, trustee directors should in future ...

AMP Capital to acquire Danish infra company

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
... provides emergency services to the offshore oil and gas industry. The joint venture will acquire 100% of Esvagt from conglomerate Maersk Group; AMP Capital will invest roughly $227 million to achieve a 50% stake. The transaction is expected to complete ...

Market wrap

AAP  |  MONDAY, 13 OCT 2014
... likely to be collectively brave enough to respond positively to a good set of numbers." All sectors had made losses. Conglomerate and Coles owner Wesfarmers had dropped 93 cents, or 2.3 per cent, to $39.90 and Woolworths was 39 cents, or 1.2 per cent ...

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
ClearView's bid to acquire all of the shares in Matrix's financial planning business would place the combined group among Australia's ten largest advice groups by number of advisers. ClearView and Matrix entered into a merger implementation deed last ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... assist APRA to ensure that "its supervision adequately captures the risks to which APRA-regulated institutions within conglomerate groups are exposed and which are not adequately covered by existing prudential arrangements." The eight groups control ...