The fund manager is raising money from institutions after announcing a surprise tie-up with the home-grown investment bank, ...

Magellan Financial Group Ltd. agreed to buy Barrenjoey Capital Partners in a deal valued at about A$1.62 billion ($1.1 ...

Magellan Financial Group Ltd (ASX:MFG) has agreed to merge with Barrenjoey Capital Partners in a transaction valuing ...

Barrenjoey investment bankers stand to be the highest paid cohort inside fund manager Magellan Financial if a $1.6bn deal to take full ownership of the homegrown advisory firm succeeds.

Steven Lowy, a principal of Lowy Family Group, the family’s private investment business and family office, said it had a long ...

Transaction implies 15x earnings multiple and reshapes ownership, with Magellan shareholders to hold 58.2% of the combined group.

Stock posts biggest gain since September 2006 after agreeing to acquire Barrenjoey Capital Partners in a transaction valued at about A$1.6 billion.

Magellan Financial Group will take its current 36% ownership in Barrenjoey Capital Partners all the way, inking a deal worth $906 million to merge the two firms.

Magellan Financial Group to acquire Barrenjoey Capital for A$1.62B, expanding advisory and capital markets amid rebounding Australia deal ...

Steven Lowy said the merger with Barrenjoey would create 'a sound long-term investment' for the family. The post Lowy family buys into Magellan after merger news pushes share price 25% higher appeared ...