Nov 3 (Reuters) - Australian investment manager Regal Partners (RPL) said on Friday it has agreed to buy premier financial service provider PM Capital Ltd, which would take its total funds under management to A$10.8 billion ($6.94 billion) on a pro-forma basis.
The announcement comes just two days after Regal announced the acquisition of financing solutions provider Taurus SM Holdings, which adds around A$2.3 billion to its funds managed, which stood at A$5.76 billion as at September-end.
($1 = 1.5552 Australian dollars)
News: RPL Regal Partners buys investment manager PM Capital, funds managed jump to $6.9 bln
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Last
$2.90 |
Change
-0.020(0.68%) |
Mkt cap ! $979.3M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.91 | $2.86 | $444.4K | 153.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 4086 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 3645 | 6 |
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| RPL (ASX) Chart |