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Showing 871 - 880 of 3751 results for "Acquisition"

Bendigo Bank agrees to buy ANZ margin lending book

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... financial impact to the group. Bendigo and Adelaide Bank managing director and chief executive Marnie Baker said the acquisition will strengthen Leveraged Equities' position as an industry leader in margin lending and enhance the scale of our existing ...

HMC Capital launches alternatives fund

CHLOE WALKER  |  WEDNESDAY, 6 JUL 2022
... Capital is committing $150 million to it. It will be managed by the same team which led the $725 million real estate acquisition of Masters from Woolworths in 2017 and who founded HMC Capital, among others. HMC Capital lodged a substantial holding notice ...

Rest secures investment in historic tower

CHLOE WALKER  |  WEDNESDAY, 6 JUL 2022
The finalised acquisition of a one-third stake in Sydney's Quay Quarter Tower is part of the super fund's ambitions to further diversity its investment portfolio. Located in the harbour city's CBD, the 50-floor Quay Quarter Tower is the redeveloped ...

WTW appoints head of due diligence, and private equity Australasia M&A

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
Willis Towers Watson named Sarah Pendred as its head of due diligence and private equity for Australasia within its mergers and acquisitions practice. Pendred will take up the role on July 11 and report to WTW director Steve Torresan. She will be based ...

ETF Securities launches fixed income options

CHLOE WALKER  |  TUESDAY, 5 JUL 2022
... market and this launch marks the start of our new growth strategy, especially in light of Mirae Asset and Global X ETFs acquisition of our business." "As a leading provider of ETFs, we will continue to offer solutions for investors to build portfolios ...

CountPlus takes stake in WSC Group

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... its focus on strategic growth, this year to date, Count Financial has appointed 51 new advisers. Prior to the WSC acquisition, in April, BWC Wealth Partners was the latest firm to join Count Financial's national advice community. Though, over the last ...

Diverger takes stake in McGregor Wealth Management

CHLOE WALKER  |  MONDAY, 4 JUL 2022
... through increased share of earnings and recurring cash dividends." The news comes after Diverger proposed a $65 million acquisition of leading financial adviser firm Centrepoint Alliance in late June. The potential merger could create the third largest ...

Umlaut acquires Specialist PMC

CHLOE WALKER  |  MONDAY, 4 JUL 2022
... financial services sector. While each business will continue operating as normal, financial services firm Umlaut said the acquisition of the Xplan consultant will deliver significant benefits to both operations. "Over the past three years, it's become ...

Talent shortage impacts demand for regional advice practices

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
It's a buyer's market for those keen on acquiring a regional financial planning practice - just don't expect to be able to hire for it. According to latest observations from Radar Results, buyers are increasingly preferring to buy in the capital cities ...

Australian Retirement Trust, Morrison & Co acquire FiberLight

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... government. The asset was purchased from Thermo Companies, an investment firm based in Denver, Colorado. The terms of the acquisition were not disclosed, nor was the price tag. "The investment will accelerate FiberLight's network expansion, positioning ...