Auswide Bank (ASX:ABA) has raised funds for future growth
August 2022 — Auswide Bank (ASX:ABA) has raised funds to position it for further growth and investment.
Auswide is one of Australia’s premier mid-tier banks helping to make a big difference for their customers and communities. For over 50 years, Auswide has provided an extensive range of personal and business banking products and services issued directly, or in partnership with, leading service providers via branches, strategic relationships and online and digital channels.
Our role in the transaction
Oaklins’ team in Australia acted as underwriter and lead manager to Auswide’s Dividend Reinvestment Plan (DRP) for their FY22 final dividend.
Sprechen Sie mit dem Deal Team
Transaktionen
WestBridge has made a majority investment in Beckett Investment Management
WestBridge Fund Managers Limited has agreed to make a majority investment in Beckett Investment Management Group, a leading financial planning business in the east of England. The transaction is the fifth investment from WestBridge III and is subject to regulatory approval by the Financial Conduct Authority (FCA).
Mehr erfahrenMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Mehr erfahrenEducbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Mehr erfahren