Walter Baden is pleased to have advised the principals of Coolabah Capital Investments (CCI) on their sell down of a 10% stake in CCI to Pinnacle Investment Management Group Ltd (ASX:PNI). The sell down takes Pinnacle’s total equity ownership of CCI to 35%.
WB is delighted to have advised Alceon Group on its acquisition of specialist real estate and infrastructure manager, Freehold Investment Management. This follows Alceon’s acquisition of a 40% stake in the Freehold business 18 months earlier.
Walter Baden is pleased to have advised the owners of Classic Funding Group Pty Ltd, a commercial finance group, on its sale to CML Group Limited (ASX:CGR) for consideration of $11 million.
Steven Humphries led the Walter Baden team, supported by Kien Ng.