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Showing 81 - 90 of 1259 results for "Takeover"

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
A global financial services and technology company has agreed to acquire a majority stake in Saxo Australia, expanding its offerings to the local market, flagging a brand revamp will be revealed after the completion of the transaction. Johannesburg-based ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... value propositions and preparing each business unit for their next evolution of growth," he said. Alongside the Lonsec takeover - which saw GDG acquiring the remaining stake in Lonsec in June 2024 - the two acquisitions have a combined total FUM of over ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... it had improperly transferred 16 million Keybridge shares into its own name. Prior to the filing, WAM launched several takeover bids for Keybridge but to no success. Keybridge chief executive Nicholas Bolton alleged WAM transferred the shares in a bid ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... inflows and $27.9 billion in acquisition activity, namely Pacific Asset Management (PAM) and VSS Holdings, and Antipodes' takeover of Maple-Brown Abbott. Excluding acquisitions, FUM rose by $17.3 billion or 16% in the half year to December 2024. Among ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
The bidding war for Insignia Financial has notched up yet again after the wealth manager said it received another takeover offer - this time from global investment giant Brookfield Capital Partners. This marks the third party to enter the bidding war ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... trans-Tasman life insurer, Resolution Life Australasia, has completed the acquisition of Asteron Life New Zealand. The takeover, reported last year by Financial Standard, further cements Resolution Life as the second largest life insurer in New Zealand. ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
Insignia Financial has opened its books to Bain Capital after it matched CC Capital Partners' revised takeover offer. It comes as the wealth giant reports several achievements, including growth in its alternatives business. After CC Capital lobbed a ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
Regal Partners' funds under management (FUM) increased 4.6% in the December quarter, bringing the company's total FUM to $18 billion in 2024. Net inflows in Q4 24 were $720 million, a record quarter for the group, Regal said. Despite the investment ...

Insignia grants CC Capital limited due diligence

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
... granted CC Capital Partners a limited period of access for the provision of due diligence after it received a revised takeover offer last week. On January 17, Insignia received a revised non-binding and indicative proposal from CC Capital Partners to ...