PWG primewest
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News: PWG Australia's Centuria Capital to buy Primewest for $462 mln

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    19/04/21
    08:50
    Post #: 52554275

    April 19 (Reuters) - Australian investment manager Centuria Capital Group (CNI) said on Monday it would buy Primewest Group (PWG) in a stock and cash deal that values the property fund manager at A$598.8 million ($462.51 million).

    The merged entity is expected to have assets under management of A$15 billion, Centuria said.

    ($1 = 1.2947 Australian dollars)

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