Browsing Tag
Australian financial services
3 posts
Perpetual (ASX: PPT) to sell wealth management unit to Bain Capital for A$500m as private equity bets on Australia’s growing advice market
Perpetual agrees to sell its A$21.9bn wealth management arm to Bain Capital for A$500m. What this means for PPT shareholders and Australia's advice market. Read more.
Challenger (ASX: CGF) cuts Pepper Money (ASX: PPM) offer to A$2.25 per share, calls it best and final
Challenger slashes its Pepper Money offer by 13.5% to A$2.25, citing market deterioration. What this means for shareholders and the deal. Read more.
Betashares secures strategic investment up to A$300m from Temasek
Betashares, a leading Australian financial services company, has entered a binding agreement with Temasek, a global investment company…