Brief: Omni Bridgeway Enters Framework Agreement With Funds Managed By Ares Management Corp
18/12/2024 01:13
Dec 18 (Reuters) - Omni Bridgeway Ltd OBL.AX :
* ENTERED INTO FRAMEWORK AGREEMENT WITH FUNDS MANAGED BY
ARES
MANAGEMENT CORPORATION
* ARES MANAGEMENT WILL ACQUIRE 70% INTEREST IN CONTINUATION
FUND
(FUND 9) FOR A$310MLN PAID TO CO
Further company coverage: OBL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Omni Bridgeway
See all newsBrief: Omni Bridgeway Sees Double-Digit Annualised Growth In AUM Over Period FY26 TO FY28
Litigation funder Omni Bridgeway raises $1 billion
Australia's Omni Bridgeway jumps on 500% profit surge
Brief: Omni Bridgeway Posts FY EPS Of A$1.2257
Brief: Omni Bridgeway Says Less Than 25% In Fair Value Of Co's Global Investment Portfolio Might Be Exposed To Tax