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Showing 531 - 540 of 3747 results for "Acquisition"

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... and solutions at substantial scale. This synergy is hoped to support deal flow and co-investment opportunities. Post-acquisition, GIP's management team, led by Bayo Ogunlesi and its founding partners, will helm the combined infrastructure platform, ensuring ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
The financial advice industry started the new year with 15,650 advisers, holding relatively steady compared to this time last year. Rainmaker Information's tally of qualified professionals has decreased 1% year on year - a net loss of 214 advisers. ...

Centrepoint Alliance chair resigns after four months

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... the substantial growth and step change for Centrepoint during Swanson's time as director and chair. "The successful acquisition and integration of the ClearView Advice business as well as Financial Advice Matters sets a solid foundation for the future ...

Centuria buys greenhouse farm

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Centuria Capital Group is ramping up its agricultural portfolio with the acquisition of a $21.5 million greenhouse farm. The Centuria Agriculture Fund (CAF) is the new owner of the facility operated by hydroponic vegetable producer P'Petual Holdings. ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... administration providers in Japan and we look forward to jointly growing in this space". "Also, we truly believe that the acquisition of Link Group will further enable MUFG to accelerate its global business expansion, with access to the Australian superannuation ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... merged with a Brisbane-based accounting firm P+Y Accountants and Business Advisors. ASX-listed Count ramped up its acquisition of accounting firms in 2023. This included acquiring Canberra-based Allan Watt Accounting in November, while member firm CP1 ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying the proposal "materially undervalued" its business. WHSP, currently Perpetual's largest shareholder, previously ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
MLC Life has hired the man who led Commonwealth Bank's recent $1 billion remediation program to the role of general manager, remediation programs. Ian Fletcher, currently general manager of program strategy, customer remediation at Commonwealth Bank ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
Just weeks after the acquisition was announced, Insignia Financial and WT Financial Group have finalised the transfer of Millennium3, adding 75 practices to the latter's network. Handing over $2 million for the licensee, WT Financial has added about ...

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... Collocott and Kerr arrived at Mercer in April as part of the merger of BT Super into the Mercer Super Trust and the acquisition of Advance Asset Management. On joining, Collocott oversaw the performance of Mercer Super's investment options and diversified ...