RPL 2.47% $3.74 regal partners limited

Nov 3 (Reuters) - Australian investment manager Regal Partners...

  1. 191,622 Posts.
    lightbulb Created with Sketch. 2809

    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)

 
watchlist Created with Sketch. Add RPL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.