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Showing 551 - 560 of 7574 results for "Deal"

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Perpetual shareholders have finally been given an estimate of the cash proceeds from its deal with KKR, as the group reports a massive $472 million loss and farewells its chair. Releasing its full year results this morning, Perpetual reported a statutory ...

Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
... Group said. The Financial Standard team is delighted with the acknowledgment and would love your support. "It means a great deal to the team and I to be recognised in this way. Each day we strive to bring our readers something different and to be a source ...

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... with WAM Active participating in just 17 deals during the 2024 financial year. Initial expectations for an improvement in deal flow during 2024 were tempered by macroeconomic uncertainties surrounding interest rates, resulting in the team's participation ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... APRA internal restructure APRA also announced changes to its internal structure, designed to ensure it remains equipped to deal with emerging and future challenges. The changes will support the abovementioned updated strategic priorities. The most significant ...

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... has become a cornerstone investor in Finexia Financial Group through a $3.73 million private placement subscription. The deal comprises the purchase of 12.46 million Finexia shares at $0.30 each, a 20% premium over its closing price yesterday. It will ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which led and managed the deal. Pluralsight's circumstances since deteriorated significantly, and while options to preserve its equity value were ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
The merger of IFM Investors and ISPT has moved forward as the latter's shareholders agree on the conditions of the deal. ISPT's board has notified IFM Investors that it "has elected to support a binding offer made to ISPT and their unit holders." ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... and reduce costs via automation and enter into white-label agreements with the wealth management industry. For SSGA, the deal means making its ETFs available on Raiz's platform. SSGA's SPDR S&P/ASX 200 Fund (STW) is currently the largest single ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... (AUIREL), will then terminate AOF's debt facility and declare a special distribution of at least nine cents per unit. The deal is another fire sale for the REIT which has been aggressively looking for buyers in the past year thanks to the office ...