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Showing 861 - 870 of 6679 results for "Sale"

Challenger appoints Duncan West as chair

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
Challenger named Duncan West its new chair, replacing Peter Polson who will retire after October's annual meeting. West has served on the Challenger board as an independent non-executive director since 2018. He has over 30 years of board and financial ...

Practifi launches deal management app

ANDREW MCKEAN  |  TUESDAY, 16 AUG 2022
Practifi has rolled out a business development app for the wealth industry that manages multiple growth activities while tracking pipeline performance. The app seeks to satisfy industry demand for comprehensive lifecycle management that tracks and manages ...

Brookfield names leadership for asset management business

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
Former Bank of England governor Mark Carney will become chair of Brookfield Asset Management when it lists separately in November. Carney will take on the role in addition to his other responsibilities as head of transition investing. He is currently ...

HESTA, ISPT ink first direct healthcare property deal

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2022
... of the partnership is on metropolitan and regional city locations and a broad range of deal structures which could include sale and leaseback arrangements, asset co-ownership, and capital partnering on brownfield developments or greenfield asset expansion. ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... by cost reductions. Its statutory NPAT more than tripled from $146 million to $481 million, largely driven by the gain on sale of the infrastructure debt platform and that of its remaining stake in Resolution Life. AMP said it is now in a strong capital ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... disruptions. In May 2020 the bank entered into an agreement to sell a 55% interest in Colonial First State (CFS) to KKR. The sale was completed last December and resulted in a post-tax gain of $840 million (net of transaction and separation costs). The ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
The life insurer has welcomed a new head of sales, as the incumbent moves into a newly created role overseeing culture and performance. NEOS Life has welcomed Harry Georges as head of sales, recruiting him from digital insurer, iptiQ. He brings more ...

Jameson Capital appoints chief operating officer

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... closely with senior management on the ongoing strategic and operational changes within the portfolio businesses including the sale and acquisition of a portfolio business. Prior to this, Davies spent 14 years across KPMG in Australia and the UK. She ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
ASIC has prosecuted 10 companies for failing to comply with obligations to lodge financial reports. The regulator announced its sizeable list on Friday and said the prosecutions took place between January 2022 and June 2022. ASIC acted against the Blackgold ...