EQT 2.39% $30.85 eqt holdings limited

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    Equity Trustees Limited (ASX:EQT) will buy ANZ Trustees Limited from the bank for $150 million.

     


    Chairman Tony Killen says the acquisition cements the company as Australia’s largest independent ASX listed company with a dedicated trustee service. 

     


    Equity Trustees believes the combined businesses will have higher margins, significant cost synergies and revenue growth opportunities.  


    Both Equity Trustees and ANZ Banking Group (ASX:ANZ) have also entered into an exclusive long term referral relationship . 

     


    Equity Trustees reported a net profit of $5.4 million in the first half of the 2014 financial year.

 
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Last
$30.85
Change
0.720(2.39%)
Mkt cap ! $792.0M
Open High Low Value Volume
$30.58 $32.34 $30.58 $845.7K 27.21K

Buyers (Bids)

No. Vol. Price($)
1 89 $30.70
 

Sellers (Offers)

Price($) Vol. No.
$31.03 90 1
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
EQT (ASX) Chart
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