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Generation Development Group Ltd

5A9:BER

Generation Development Group Ltd

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  • Price (EUR)2.24
  • Today's Change0.04 / 1.82%
  • Shares traded700.00
  • 1 Year change+151.55%
  • Beta--
Data delayed at least 15 minutes, as of Nov 22 2024 07:08 GMT.
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About the company

Generation Development Group Limited is an Australia-based company, which operates as a pooled development fund. The Company is primarily involved in the provision of life investment products within the Australian Life Insurance Sector. Its segments include Benefit Funds Management and Fund Administration, and Other Businesses. The Benefit Funds Management and Fund Administration segment is engaged in the provision of administration and management services to the Benefit Funds of its subsidiary, Generation Life Limited, and administration services to institutional clients. Generation Life Limited is a specialist provider of investment bond product solutions. The Other Businesses segment pertains to investment in associates. Lonsec Holdings Pty Ltd (Lonsec), its associate company, includes Lonsec Investment Solutions that helps dealer groups and independent financial advisers establish diversified managed portfolios and separately managed account (SMA) solutions.

  • Revenue in AUD (TTM)333.60m
  • Net income in AUD5.84m
  • Incorporated1999
  • Employees200.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		GDG:ASX since
announced		Transaction
value
Lonsec Holdings Pty LtdDeal completed03 Jun 202403 Jun 2024Deal completed72.60%131.31m
Data delayed at least 20 minutes, as of Nov 22 2024 05:10 GMT.
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