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Showing 31 - 40 of 109 results for "Conglomerate"

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 ...

Tens of thousands flock to Omaha

MARK SMITH  |  TUESDAY, 6 MAY 2014
... hours taking questions from shareholders and analysts. Chief among investors' concerns was whether Buffett's $300bn conglomerate can endure beyond its founder's lifetime. The Sage of Omaha insists he has no intention to retire, but Berkshire is planning ...

Market Wrap PM

AAP  |  THURSDAY, 27 FEB 2014
... heavyweights that were weaker were Telstra, which dropped 16 cents to $5.09, Woodside Petroleum which lost $1 to $38.17 and conglomerate Wesfarmers which was 92 cents worse off at $42.88. Among the companies to release profit results on Friday, Insurance ...

Market Wrap

AAP  |  WEDNESDAY, 26 FEB 2014
... heavyweights that were weaker were Telstra, which dropped 16 cents to $5.09, Woodside Petroleum which lost $1 to $38.17 and conglomerate Wesfarmers which was 92 cents worse off at $42.88. Among the companies to release profit results on Friday, Insurance ...

Market Wrap PM

AAP  |  TUESDAY, 25 FEB 2014
... heavyweights that were weaker were Telstra, which dropped 16 cents to $5.09, Woodside Petroleum which lost $1 to $38.17 and conglomerate Wesfarmers which was 92 cents worse off at $42.88. Among the companies to release profit results on Friday, Insurance ...

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
... advisers compared to the big-5 adviser conglomerates that account 55% of the market. AMP is the biggest advisory conglomerate with 12 licensees and 3,337 planners which is 179% the size of their nearest rival, ANZ OnePath.