Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...

The FTSE 250 merchant bank said the sale of Close Brothers Asset Management to funds managed by Oaktree Capital Management was expected to be completed in early 2025 following regulatory approvals.

Close Brothers chief executive takes medical leave of absence from banking group - The firm did not indicate when CEO Adrian ...

Papua New Guinea has given police permission to use “lethal force” to restore order as shootouts between rival tribes have killed dozens of people. Between 20 and 50 people have been killed in ...

In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...

Prime Minister Anthony Albanese says the federal government is in the process of finalising a deal to expand the NRL to Papua New Guinea. Media reports suggest PNG will enter the NRL in 2028.

It was not indicated when Adrian Sainsbury will return to the banking group from the temporary medical leave. Mr Sainsbury has been at Close Brothers for more than a decade, joining in 2013 as ...

Papua New Guinea are reportedly set to become the NRL’s 19th franchise, with an in-principle agreement being brokered between the ARLC and the federal government. That is according to The Daily ...

Adrian Sainsbury, boss of merchant bank Close Brothers, has taken a “temporary medical leave of absence” from the business. In a statement to the market, the bank said it has put in place ...

Oaktree Capital Management has agreed to buy Close Brothers Group’s wealth management unit Close Brothers Asset Management (CBAM) for up to £200 million ($265 million; €237 million).