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Showing 751 - 760 of 2711 results for "Agreement"

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... Paragem shares will be issues by 4 January 2021 and will be subject to a holding lock until completion of the share sale agreement. The finalised offer is slightly different from the one previously announced in October. The previously announced transaction ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
... advisers that have a relationship with IOOF. IOOF will receive a payment of $80 million as per the master relationship agreement with BT, which is partially offset by BT's other net platform revenues but will reduce IOOF's revenue by $15 million. IOOF ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Lendi and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... to The Economist magazine: "Even if there is a last-gasp deal, it will be "thin", at best similar to the free-trade agreement (FTA) between Canada and the EU. The British government's own modelling suggests that under such an accord, Britain's ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

Charter Hall adds three properties

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... properties with a combined purchase price of $319 million. The Charter Hall Long WALE REIT (CLW) has entered into an agreement to take full ownership of 76-78 Pitt Street, an office building in Sydney, New South Wales. It is also in the process of acquiring ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... Africa. It will exit Australia over the coming 18 months, and 98 staff in total will be impacted. Investec has reached an agreement to spin out its corporate advisory business to a successor entity owned by the senior leadership team. The corporate advisory ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... the role as Citi Australia continues to transition custody clients from RBC Investor & Treasury Services after a March agreement between the two. Burman has 25 years of financial services experience. For the past 16 years, he has led product teams in ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... access to a "virtual dataroom", and question-and-answer sessions with the executive team underscored by a confidentiality agreement. Yesterday, Link said it will consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders ...

Cbus expands clean-energy holdings

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Cbus has completed the acquisition of a renewable energy asset with the help of a consortium. The partnership with Capital Dynamics and other investors acquired a direct undisclosed interest in two solar photovoltaic (the process of converting light ...