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Showing 961 - 970 of 7579 results for "Deal"

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
... occur, AMP will forfeit the payment. The agreement follows an extension to negotiate the two-stage completion process. The deal was originally set to be completed at the end of February. AMP chief executive Alexis George said completion of the sale of ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

Barings takes over Gryphon Capital

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
... Sydney-based Gryphon Capital Partners (Gryphon), the parent company of wholly owned Gryphon Capital Investments (GCI). The deal aims to further accelerate Barings' entry into the Australian wealth market, having established real estate debt operations ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. CountPlus currently has 280 financial advisers. Affiinia provides holistic financial and risk advice. Some 100 ...

RF Corval secures industrial facility, eyes more

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
The boutique fund manager has purchased a $14.7 million industrial asset through its RF CorVal Property Fund (CPF), as it looks to capitalise on tailwinds in the market it sees lasting for some time to come. Located in Wingfield, South Australia, the ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... those services, as well as to understand how effectively the institutions supervised their financial advisers to identify and deal with non-compliant advice. For example, personal advice provided to a retail client by an adviser who did not comply with ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... team, it said, adding that New Quantum has committed to enhancing the business' service offering through technology. The deal is expected to be finalised in August and is not expected to impact Sequoia's 2023 full-year result. However, its current consolidated ...

Advice tech firm officially launches local operations

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
Digital advice platform intelliflo has officially set up shop in Australia, following the successful trial of its Aussie adapted 'intelliflo office' advice software last year. At the time of the trial, intelliflo hired Stuart Alsop as its head of sales ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... maximum of $2,500,000 in Consideration Shares can be issued, with the final number linked to performance," it explained. The deal however hinges upon ongoing litigation involving one of the Enva entities being resolved and any debt at completion greater ...

Investec Property Fund, Irongate Australia in new JV

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
... business with $450 million equity under management in assets, a gross realisable value of $2.75 billion, Investec said. The deal will result in a buyout of Charter Hall, which acquired Irongate's funds management business last year for $5 million and ...