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)
- Forums
- ASX - By Stock
- PPS
- News: PPS Australia's Netwealth Group offers to buy Praemium for $590 mln
PPS
praemium limited
Add to My Watchlist
2.55%
!
80.5¢

News: PPS Australia's Netwealth Group offers to buy Praemium for $590 mln
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
80.5¢ |
Change
0.020(2.55%) |
Mkt cap ! $384.5M |
Open | High | Low | Value | Volume |
78.5¢ | 80.5¢ | 78.0¢ | $654.7K | 824.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7999 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 122584 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7999 | 0.805 |
1 | 8000 | 0.795 |
1 | 10000 | 0.780 |
1 | 700 | 0.775 |
1 | 1305 | 0.765 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 122584 | 3 |
0.820 | 106237 | 5 |
0.825 | 100000 | 2 |
0.830 | 58695 | 2 |
0.840 | 18854 | 2 |
Last trade - 16.10pm 08/09/2025 (20 minute delay) ? |
Featured News
PPS (ASX) Chart |