NWL netwealth group limited

News: NWL Australia's Netwealth Group offers to buy Praemium for $590 mln

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    Nov 2 (Reuters) - Australian superannuation services firm Netwealth Group (NWL) said on Tuesday it had made a A$785 million ($590.40 million) approach to buy investment manager Praemium Ltd (PPS) to expand into the growing market for wealth management services.

    Netwealth has offered A$1.50 in cash and stock for each share of Praemium. ($1 = 1.3296 Australian dollars)

 
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(20min delay)
Last
$31.78
Change
-0.015(0.05%)
Mkt cap ! $7.794B
Open High Low Value Volume
$31.68 $31.95 $31.55 $477.8K 15.05K

Buyers (Bids)

No. Vol. Price($)
2 57 $31.77
 

Sellers (Offers)

Price($) Vol. No.
$31.78 66 5
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Last trade - 10.20am 12/09/2025 (20 minute delay) ?
NWL (ASX) Chart
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