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

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

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.

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

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.

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

March 2 (Reuters) - Australia's Magellan Financial Group said on Monday that it will acquire all the issued shares of Barrenjoey Capital Partners that it does not currently own at an implied value of ...

Magellan Financial Group Ltd (ASX:MFG) shares rose 0.5% after chairman Andrew Formica urged shareholders to support the group’s proposed merger with investment bank Barrenjoey, ahead of a vote ...

Barrenjoey’s troika of rainmakers could escape their decade-long lockup clauses should they successfully engineer a takeover ...