Australia's COSOL jumps on acquiring asset management consultancy

Cosol

19/04/2024 03:00

** Shares of asset management company COSOL  COS.AX  rise as
much as 1.5% to A$1.00
    ** COS set for best week since March 29
    ** Co says it entered into a binding Share Purchase
Agreement(SPA) to acquire asset management consultancy Core
Asset Co for A$6.1 mln ($3.9 million)
    ** Stock down 0.5% so far this year, as of last close


($1 = 1.5645 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))