May 9 (Reuters) - Magellan Financial Group Ltd (MFG) :
- SALE OF SHARES IN GUZMAN Y GOMEZ
- PROPOSED DEAL FOR CASH CONSIDERATION OF A$140 MILLION
- MAY ALSO BE ENTITLED TO FURTHER UP TO A$6 MILLION SUBJECT TO PERFORMANCE OF GYG, REALISATION OF INVESTMENT BY TRUST
- ENTERED AGREEMENT FOR SALE OF 11.6% INTEREST IN GUZMAN Y GOMEZ LIMITED TO A BARRENJOEY CAPITAL PARTNERS
- EXPECTS TO RECORD A PRE-TAX PROFIT ON SALE OF A$34 MILLION IN FY22
- COMPLETION OF TRANSACTION IS EXPECTED TO TAKE PLACE IN TWO TRANCHES OCCURRING IN JUNE AND JULY 2022
- PROCEEDS WILL BE USED TO SUPPORT MAGELLAN'S ONGOING CAPITAL MANAGEMENT INITIATIVES
May 9 (Reuters) - Magellan Financial Group Ltd (MFG) : SALE OF...
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Last
$10.58 |
Change
0.050(0.47%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $10.57 | $10.74 | $10.55 | $4.716M | 443.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 157 | $10.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.59 | 1966 | 17 |
View Market Depth
| Last trade - 15.11pm 11/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |