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Diverger forced to walk away from Centrepoint takeover bid after talks fail to progress

A merger that would have created the third largest licensee is cancelled.

What to watch for in the most anticipated earnings season for decades

With a long list of economic headwinds having hammered global growth and dampened investor confidence, the upcoming (second-quarter) US reporting season is going to be an interesting one.

Australian Ethical, Christian Super merger official

Australia's leading ethical investment manager, Australian Ethical, is set to grow its already significant $6.2 billion in assets under management after formalising a partnership with Christian Super.

Suncorp to demerge its banking arm

Suncorp Group (ASX:SUN) is planning to offload its banking business to that it can better focus on its main business, its insurance arm, in an attempt to improve returns and value for shareholders.

Centrepoint offer continues the consolidation trend in advice

Centrepoint Alliance this week announced it had received a non-binding indicative offer from Diverger Limited to acquire all the shares in the company.

Mirae and Global X acquires ETF Securities

Mirae Asset Global Investments Co., Ltd and Global X ETFs this week announced the acquisition of ETF Securities, a pioneer of exchange traded funds both in Australia and around the world.