Browsing Tag
Challenger Limited
5 posts
Bank of Queensland profit surges 88% to A$250m as cash earnings decline
Bank of Queensland has reported a sharp recovery in statutory profit and stronger capital reserves, but falling mortgage balances, higher credit impairment charges and weaker underlying earnings leave its FY27 turnaround dependent on renewed lending growth.
Challenger merges Fidante into A$150bn Channel Group as ASX:CGF hits 52-week high
Challenger Limited is exchanging full control of Fidante for cash and a strategic stake in a larger funds-management platform, responding to active equity outflows without abandoning the sector.
Pepper Money (ASX: PPM) rejects Challenger’s revised A$2.25 bid, ending takeover talks
Pepper Money rejects Challenger's A$2.25 takeover bid as not executable. What it means for PPM shareholders, CGF strategy, and Australian non-bank lending M&A.
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.
Heartland Group Holdings to acquire Australian digital bank Challenger Bank
Heartland Group Holdings, a New Zealand-based financial services group, has entered into a conditional share purchase agreement to…