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Showing 861 - 870 of 3752 results for "Acquisition"

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
The two entities are in high-level discussions, it's been confirmed. Pendal entered a trading halt shortly after midday yesterday, pending an announcement. Later in the afternoon, the manager announced it is in discussions with Perpetual regarding a ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition that will involve extensive consultation with market participants, interested parties and regulators, it said. "Our review ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement offer. It will ...

JANA wins Spirit Super mandate

CHLOE WALKER  |  MONDAY, 18 JUL 2022
The industry superannuation fund has selected JANA as its new asset consultant. The appointment, which came into effect on July 1, sees JANA replace long-term partner Whitehelm Capita l which was acquired by German manager PATRIZIA last year. Commenting ...

Akambo grows leadership team

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Akambo Financial Group has appointed Michael Happell as its non-executive chair and Kevin White as non-executive director to the board of its holding company. The integrated financial services business recently merged with the well-established wealth ...

Foresight buys Infrastructure Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUL 2022
... mandates. Foresight currently has $16.5 billion in assets under management while ICG has $3.2 billion. Following the acquisition, the entity will have a stronger business profile and broader investor reach, the firms said. "The transaction will enhance ...

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... responsible for business development and investor relationship management, particularly in relation to institutional acquisition. Over the last three decades, Healy has worked across banking, fixed income, investment and funds management in organisations ...

Global pension fund snaps up telco stake

ANDREW MCKEAN  |  TUESDAY, 12 JUL 2022
... interest in Spark New Zealand's mobile towers business 'TowerCo' for $1.18 billion. Under the terms of the acquisition, Spark has entered into a 15-year agreement, including rights of renewal with TowerCo, to secure access to existing and ...

Equity Story plans to throw finfluencers a lifeline

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... add general advice recommendations to subscribers and readers. Equity Story chief executive Trent McGraw said the acquisition marked the first step towards a wider mission, adding that Equity Story is in discussions with several popular personal finance ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... Dye and Durham's $4.57 offer but will continue to seek an agreed position. The board cited that its dismissal of the acquisition offer followed stakeholder feedback, an independent expert's determination of the company's underlying share value, changes ...