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Showing 851 - 860 of 6679 results for "Sale"

Ampol to sell 49% of Z Energy Properties to Charter Hall

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... stake and the transaction is expected to complete in October. A statement said Z Energy entered into an agreement for the sale of 51 freehold properties in New Zealand to an unlisted property vehicle. It added that the transaction is expected to deliver ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... product. They don't apply to MySuper products, defined benefit interests or super products that are no longer for issue or sale. Meanwhile, as previously reported by Financial Standard, ASIC issued its first DDO stop orders for three companies over ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... target is to reduce RSE licensees to one, funds by one, platforms to one to two and products to 20. As recently announced the sale of its Australian Executor Trustees (AET) business to EQT Holdings Limited (Equity Trustees) was executed for $135 million ...

Adamantem Capital promotes three

CHLOE WALKER  |  WEDNESDAY, 24 AUG 2022
... Georgina with the acquisition of Climate Friendly and GenesisCare's cardiology unit and Katie with the acquisition and sale of IT-player Servian, the acquisition of NAK Hair in May this year and the majority acquisition of Linen Services Australi ...

Franklin Templeton appoints investment director

CASSANDRA BALDINI  |  WEDNESDAY, 24 AUG 2022
Franklin Templeton named Richard Rauch investment director for Brandywine Global Investment Management, one of its specialist investment managers. Rauch will be responsible for establishing, maintaining and enhancing relationships in Australia and New ...

Credit Suisse hires head of infrastructure

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
... and Rothschild. In terms of previous deals, Foy advised on OMERS's acquisition of a stake in Transgrid, AustralianSuper's sale of a stake in Ausgrid and its acquisition of Optus Towers as well as Australian Tower Network's acquisition of Axicom. He also ...

Insignia Financial responds to EQT speculation

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
Insignia Financial has responded to media speculation that it's in discussions with Equity Trustees (EQT) over the sale of its Australian Executor Trustees (AET) business. In a statement to the ASX, Insignia confirmed discussions are underway but ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review of the sale of direct life insurance and subsequent Royal Commission hearings uncovered the then-listed insurer's shocking and harmful sales ...

UBS launches small cap strategy in Australia

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
UBS Asset Management launched its Future Leaders Small Cap Strategy in Australia. A statement said the actively managed global strategy of 40 to 60 small cap "future leader" stocks is designed to provide investors with exposure to high-quality companies ...