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Showing 881 - 890 of 2384 results for "Merger"

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software as a service (SaaS) company in deal technology and information governance technology with ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
The two industry funds have signed a memorandum of understanding and will begin due diligence to explore a merger that could create a $21.5 billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... announced in July. It said the acquisition will complement the existing business' growth strategy and product suite, with the merger set to increase FUA to over $28 billion. Chief executive Michael Ohanessian said despite ongoing challenges in 2020 it ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...

Cbus adds to leadership

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... Cbus and Media Super signing a memorandum of understanding and commenced due diligence late last month for an upcoming merger. The two industry funds are aiming for the joint agreement to be in operation in 2021, conditional on due diligence to establish ...

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
Merger and acquisition activity has come to a grinding halt as dealmakers are struggling to get access to finance in addition to regarding delays in governmental approval for foreign investment, according to the latest research from Pitcher Partners. ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
The Competition and Markets Authority (CMA) has blocked the merger of retail investment platforms FNZ and GBST due to fears of it leading to higher costs for investors. FNZ purchased GBST in November 2019 for £150 million. The merged businesses would ...

Franklin Templeton completes acquisition

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... contributions and exceptional focus on our clients and the business throughout the process." Prior to the completion of the merger, the firm announced a number of leadership changes in Asia Pacific as Franklin Templeton continues to expand in the reg ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... is also the largest shareholder of Powerwrap with a 15.1% stake in the business. Praemium chair Barry Lewin said: "The merger is an exciting opportunity for Powerwrap and Praemium shareholders alike. For many years, Praemium has been on a growth trajectory ...

Another merger at First State Super

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... signed a memorandum of understanding and entered due diligence on March 4 this year. The funds are expected to finalise a merger by November 30. WA Super, the smaller of the two, will get low fees, greater investment options and ongoing support for local ...