Motley FoolMagellan shares race 6% higher on big merger news
The company has also announced a name change this morning. The post Magellan shares race 6% higher on big merger news appeared first on The Motley Fool Australia.
MGF
Magellan Global Fund
- Short interest
- 0.37%
- +0.37 pp 30d
- as of 20 June 2024
- Reported shorts
- 5.6M
- Shares on issue
- 1.508B
Magellan Global Fund (MGF) News
Latest articles and price-sensitive announcements with AI sentiment classification.
Magellan wins ACCC clearance for Barrenjoey merger and plans a rebrand to ditch its own name
Sydney-based fund manager Magellan Financial Group (ASX: MFG) has secured unconditional clearance from the Australian Competition and Consumer Commission (ACCC) for its merger with investment bank Barrenjoey Capital Partners, removing the final major regulatory hurdle before completion expected in early July. The clearance announced today comes...
KalkineMagellan Financial Faces Fresh Pressure Amid Forecast Reset
Highlights Analyst sentiment weakens around earnings outlook Revenue expectations revised lower across forecasts Industry growth trends continue to outpace the company Magellan Financial Group is facing renewed market attention after analysts revised earnings and revenue expectations lower. The latest outlook highlights changing industry dynamics, operational pressure, and investor focus on long-term stability. Market Focus Returns to Magellan Financial Group Investor attention has shif...
Google NewsMagellan Financial Shares Drop 7% Following Latest Update: What Happened? - thebull.com.au
Magellan Financial Shares Drop 7% Following Latest Update: What Happened? thebull.com.au
Why is the Magellan share price rising today?
Magellan conducted a shareholder vote on the proposed Barrenjoey merger this morning. The post Why is the Magellan share price rising today? appeared first on The Motley Fool Australia.
Magellan Shareholders Vote on Barrenjoey Deal - Stocks Down Under
Magellan Shareholders Vote on Barrenjoey Deal Stocks Down Under
Is Magellan’s Equity Move Redefining Capital Strategy?
Highlights Fresh equity infusion signals a shift in capital priorities Focus remains on stabilising funds and revenue streams Balance between flexibility and margin pressure stays crucial Magellan Financial Group’s latest equity raise reflects a recalibration of capital strategy. While it strengthens financial flexibility, attention continues to centre on stabilising assets under management and navigating fee pressures. Magellan Financial Group (ASX:MFG) has taken another step in ...
Magellan Capital Plan Developments Highlight Position
Highlights Magellan outlines shareholder-focused capital management developments Company addresses structural updates tied to fund performance and distribution Strategic alignment reflects positioning within broader ASX-listed financial sector The financial services sector within the ASX stock market continues to showcase evolving capital strategies, with Magellan Financial Group operating as a notable participant within the ASX 200 index. As a funds management entity, the company operates ac...
Why is the Magellan share price down 6% today?
The investment manager issued an update regarding the proposed Barrenjoey merger today. The post Why is the Magellan share price down 6% today? appeared first on The Motley Fool Australia.
Lowy family buys into Magellan after merger news pushes share price 25% higher
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 first on The Motley Fool Australia.
ASXEffective Date of Conversion and proposed de-listing
other announcement
On-market buy-back and cancellation of securities
other announcement
Ensuring investor details for future distributions
other announcement
Voting Results - MGF Meeting of Closed Class Unitholders
other announcement
Change of Director's Interest Notice - Robert Fraser
director_dealing announcement
Unitholder Meetings - Letters of Access and Proxy Forms
other announcement
MGF Conversion Proposal - Update, Unitholder Booklet and PDS
other announcement
Initial Director's Interest Notice - Sophia Rahmani
other announcement
Appointment of Sophia Rahmani as Managing Director
other announcement