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Showing 31 - 40 of 2377 results for "merger"

Magellan strengthens ranks with twin hires

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... acquire boutique investment bank Barrenjoey Capital Partners in a $903 million deal, combining the asset manager with its merger partner's trading, advisory and fixed income businesses. Brian Benari will lead the merged entity as chief executive ...

Soul Patts profit up, returns 9.7%

MATTHEW WAI  |  THURSDAY, 26 MAR 2026
... profit after tax (NPAT) increased 604.3% to $2.3 billion in the period, driven by one-off items including the Brickworks merger, sell down of Tuas and Aeris, and realised gains from the sale of Apex Healthcare. Meanwhile, underlying NPAT also improved ...

Super moves: Future Fund, ART, First Super

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Fund (MIESF), has joined the industry fund in the temporary role. He left MIESF last October following that fund's merger with CareSuper.

Massive Acenda job cuts ire former staff

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
Former Acenda employees are slamming the life insurer for slashing jobs without proper consultation following the merger, which have mostly impacted past MLC Life staff. According to the Finance Sector Union (FSU), since Resolution Life Australia and ...

L1 Group eyes golden returns with new LIC

RIDDHIMA TALWANI  |  TUESDAY, 17 MAR 2026
... investment approach and is intended to reach a broader pool of retail investors, it said. L1 Group formed last year through the merger L1 Capital and Platinum Asset Management. The newly formed entity reported a rise in total funds under management ( ...

Aware, TelstraSuper take final steps towards merger

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2026
... have access to its full suite of services from May 11. TelstraSuper chair Anne-Marie O'Loghlin said she is confident the merger will deliver strong outcomes for members. "Extensive due diligence has confirmed the strong alignment of values, performance ...

First Super names acting chief executive

ELIZA BAVIN  |  MONDAY, 16 MAR 2026
... Fund (MIESF), joined the industry fund in the temporary role earlier this month. He left MIESF last October following its merger with CareSuper. Artis brings more than two decades of superannuation experience.

FEAL names Fund Executive of the Year

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
... years, Murray has led CareSuper through "profound transformation", unifying 550 employees and 550,000 members through the merger of Spirit Super and CareSuper and subsequently delivering the 2025 MIESF successor fund transfer. "Under his leadership ...

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... 36% stake in Barrenjoey Capital Partners to 100% ownership for $906 million. The two firms will then merge. The proposed merger implies a value of $1.62 billion for Barrenjoey. Brian Benari will become the new group chief executive. Sophia Rahmani will ...

Mega-funds grow but net cashflows steadily decline

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... funds under management. Almost all the growth seen in the mega-funds, and to the number of them, was organic; the only merger that took place in the period was that of Qantas Super into Australian Retirement Trust. Still, the size of small and medium ...