AUB Group (ASX:AUB) confirms talk with Tysers, posts gains on ASX

Highlights AUB Group has verified that it is in discussions with Tysers to acquire the firm. AUB will be distributing dividend of AU$0.17 today. The 1HFY22 report indicates that AUB is focused on mergers and acquisition. Insurance broker,...

Pepper Money (ASX:PPM) acquires 65% stake in Stratton for AU$78.0M

Highlights Pepper Money has signed binding agreements to obtain 65% interest in Stratton Finance Pty Limited for AU$78.0 million. The purchase is subject to FIRB (Foreign Investment Review Board) clearance and other customary conditions precede...

Pendal (ASX:PDL) shares zoom 23% on Perpetual (ASX:PPT) takeover offer

Australian asset manager Pendal Group Ltd (ASX:PDL) informed on ASX today (4 April 2022) that the company has received a takeover proposal from financial-services firm Perpetual Ltd (ASX:PPT). As per the statement, Perpetual proposed Pendal by way...

NAB (ASX:NAB) up over 10% in March; What about WBC, CBA, ANZ?

Highlights NAB outperformed the ASX 200 in terms of returns in March. The NAB share price grew over 10% last month. In March, NAB announced the completion of its AU$2.5 billion on-market share buyback. The National Au...

Magellan (ASX:MFG) updates staff engagement and retention program

Highlights Magellan announced to make a retention payment to its employees along with its H1 FY22 results on 18 February 2022. On 31 March, Magellan’s prospectus was lodged with ASIC for the employee option issue. Magellan is currently f...

Change Financial (ASX:CCA) inks deal with Mastercard

Shares of Fintech firm Change Financial Limited (ASX:CCA) jumped 14% after the business struck a financial deal with Mastercard, an American financial services business. Change Financial Limited is a global fintech that uses scalable and innovativ...

CBA, NAB, ANZ, WBC: How have these ASX banking stocks fared after budget?

hs. The Budget 2022 announced a slew of economic measures which focused on cost-of-living support and tax offsets. It also sought to provide relief to the citizens by halving the fuel excise tax for six months. The real estate sector was also ...

Why is Magellan (ASX:MFG) trading strong today?

Highlights The Magellan stock price is on the upswing today. Magellan’s stock soared on Wednesday, gaining more than 8% at AU$16.240 per share at around 12 PM AEDT. S&P/ASX 200 Financials Index (ASX: XFJ) trades 0.57% stronger, ...

Douugh (ASX:DOU) secures $20M funding from US-based Long State

Highlights Douggh has signed a deal to receive $20 million from Long State Investments. The company will dilute its pool of securities by about 5% in exchange for a flexible, on-demand funding facility. Douugh’s shares were trading flat ...

VGI Partners (ASX:VGI) & Regal Funds extend Exclusivity Period

Highlights VGI Partners and Regal Fund Management have agreed to further extend the exclusivity period for the proposed merger. On 15 March 2022, the exclusivity period was extended till 28 March 2022. VGI Partners announced dividend of AU$0.0...