Magellan Financial closes $130M placement for Barrenjoey stake
Magellan Financial Group (ASX:MFG) completed a $130 million non-underwritten institutional placement to deepen its investment in Barrenjoey.

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Magellan Financial Group (ASX:MFG) completed a $130 million non-underwritten institutional placement to deepen its investment in Barrenjoey.
Defence Minister Richard Marles has confirmed that an Iranian missile strike targeted the Al Minhad Air Base in the United Arab Emirates.
Lindian Resources (ASX:LIN) executed a binding term sheet to acquire 100% of an existing mixed rare earths carbonate processing facility located in Stepnogorsk, Kazakhstan.
Passage Bio (NASDAQ:PASG) reported its full-year 2025 financial results on Tuesday, detailing a leaner operational structure and significant enrollment momentum for its lead gene therapy candidate in frontotemporal dementia.
908 Devices (NASDAQ:MASS) reached a major financial milestone in the fourth quarter, reporting positive adjusted EBITDA and cash flow for the first time as the company’s high-margin recurring revenue began to scale.
Viking Holdings (NYSE:VIK) reported a surge in full-year profitability on Tuesday, bolstered by an aggressive fleet expansion and a luxury travel boom that has already filled the vast majority of its 2026 sailing schedule.
Civeo (NYSE:CVEO) reported a significant improvement in its quarterly bottom line and a jump in cash flow, as aggressive cost-reduction efforts in Canada and a strategic expansion in Australia began to pay off.
Lithia & Driveway (NYSE:LAD) continued its aggressive expansion into high-growth U.S. markets on Tuesday, announcing the acquisition of two dealerships that bolster its presence in both the luxury and volume segments.
A proposed amendment to the Federal Reserve Act would prohibit the US central bank from issuing a central bank digital currency until December 31, 2030.
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