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Showing 1 - 10 of 123 results for %22Stake Premium%22

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
Charter Hall Group is paying $96.9 million for a stake in a REIT that invests in hotels, pubs, and motels across Australia. The joint venture between Charter Hall and its Charter Hall Retail REIT (CQR) bought the 14.8% stake in Hotel Property Investments ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... cost to serve. Among the transactions that took place in 2023, the number of investors taking a minority or majority equity stake in scaled advice practices has increased. "This area of the market is growing as consolidation in the sector continues and ...

Coastal Advice Group merges with Compass Financial Management

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... aged care, enabling the core team to focus on retirement planning and wealth management. "We have strategically pursued premium businesses in these three transactions, and when we focus solely on the growth aspects, the opportunities for best practices ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... offer, yet still believed that its $1.4083 per share proposal was superior. Instead, it announced today that it bought a stake into Centrepoint Alliance for $13.05 million. The new offer price represents a 52% premium on Diverger's last closing price ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
COG Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... next few months, subject for approval by the Central Bank of Ireland (CBI). While the sale price has not resulted in a premium, it will improve Equity Trustees' profitability and earnings per share from completion," Equity Trustees' managing director ...

ClearView welcomes chief of staff

CASSANDRA BALDINI  |  MONDAY, 18 SEP 2023
ClearView has appointed Sharon Leong to the newly created position of chief of staff. Leong will report to ClearView managing director Nadine Gooderick and work with the executive leadership team to oversee the execution of the group's refreshed ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... capital, with backers including Leadenhall Capital Partners, Schroders Investment Managers and Daido Life which took a 14.9% stake pre-launch in June 2018. The group is adamant that there will be no changes for existing policyholders, adding that its ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... billion. The sale comprised $2.5 billion in cash and a $500 million equity interest in Resolution Life, equivalent to a 19.3% stake. The board backed this decision, citing Resolution Life's superior capability to manage these businesses. Francesco De ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... said. The investor group is not looking to compete with Liontrust's 100% takeover offer, but instead increase its existing stake. "The group considers that Liontrust's offer not only grossly undervalues GAM but is also subject to execution contingencies ...
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