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
$10.53 |
Change
-0.290(2.68%) |
Mkt cap ! $1.810B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.44 | $5.896M | 558.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 950 | $10.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.54 | 1468 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |