HFA confirms transaction talks
Funds management group HFA Holdings has confirmed to the Australian Securities Exchange (ASX) that it is in discussions around a potential transaction that might impact its share price.
Responding to a price query from the ASX, the company said that the transaction, if implemented, would involve a material investment in HFA via the issue of new securities by the company.
It said the discussions were incomplete and there was no certainty the transaction would proceed.
AUTHOR
Mike Taylor
Recommended for you
ETF provider VanEck has announced its intention to launch a uranium and energy solution as global political agendas point to expansion in this sector.
PIMCO has announced the launch of a new active fixed-income ETF, marking its fifth active solution on the Australian market after the launch of four ETFs earlier in the year.
With the Australian advice market being a target for US private equity firms, a US advice commentator has shared lessons from his overseas experience, and why PE may be less attractive than initially expected.
Financial advisers are reminded to ensure their CPD is up to date with the Financial Services and Credit Panel making its second determination in a week after an adviser failed to meet the requirements.
