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Showing 691 - 700 of 3750 results for "Acquisition"

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
... requirements of the Paris Agreement, with the goal of achieving net zero Scope 1 and 2 emissions within 10 years of acquisition. Crescent will also focus on value chain emissions, mapping out the supply chain of each asset to identify specific activities ...

Challenger to sell $3.4bn real estate arm

CASSANDRA BALDINI  |  THURSDAY, 6 APR 2023
... us to meet more customer needs," he said. "Challenger will benefit from both alignment and access to growth via the acquisition of a strategic stake in Elanor, and we are excited to continue to grow the real estate platform together with the Elanor team." ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... sentence of 20 years. "As alleged, Javice engaged in a brazen scheme to defraud JPMC in the course of a US$175 million acquisition deal. She lied directly to JPMC and fabricated data to support those lies - all in order to make over $45 million from ...

RFI Global takes on DBM's Atlas division

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Two Australian financial services data and insights firms have joined forces, following the acquisition of DBM Atlas by RFI Global. Founded in Melbourne, DBM Atlas, a subsidiary of the Illuminera Group, is a local specialist in research and insight ...

QIC secures stake in smart metering company

KARREN VERGARA  |  TUESDAY, 4 APR 2023
Queensland Investment Corporation (QIC) has entered a joint venture that gives it a 50% stake in a company that provides gas and electricity metering solutions. Vector, a New Zealand electricity and gas distributor, has offloaded half ownership of its ...

BT Super, Mercer merger completes

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2023
... As for Advance Asset Management, it had about $44 billion in funds under management in May 2022. Mercer said this acquisition further expands its capability "as a leading investment multi-manager in Australia". The transfer of both businesses was expected ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... Suisse take over, UBS board explained the decision was made considering new challenges and priorities following its acquisition announcement. The bank added the swap came down to Ermotti's "unique experience" and his deep understanding of the financial ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
Rampant mergers and acquisitions, eye-watering redemptions and product closures over the last three years put to question if active fund managers are still fit for purpose. Rainmaker modelling shows that between 2020 and this month, more than 120 listed ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... an all-stock transaction and GoLogiq will issue common shares to Bateau shareholders valued at US$24 million. The acquisition is expected to close in Q2, however no definitive agreement has been signed. In December 2019, former Bateau Asset Management ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
Brisbane-based investment firm Hamilton12 has selected Apex Group as administrator of its new Australian Shares Income Fund. The Hamilton12 Australian Shares Income Fund, launched this month, aims to generate long-term after-tax returns for Australian ...