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Platinum and L1 Capital Merge to Forge $16.5bn Investment Powerhouse
9:39am on Tuesday 8th of July, 2025 AEST
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Financial Services
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Platinum and L1 Capital Merge to Forge $16.5bn Investment Powerhouse
9:39am on Tuesday 8th of July, 2025 AEST
Key Points
Combined AUM of approximately $16.5 billion as of June 2025
Ownership split – 26% Platinum shareholders, 74% L1 Capital shareholders
Expected $20 million annual pre-tax cost synergies within 12-18 months
Materially EPS accretive for Platinum shareholders in near to medium term
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Platinum Asset Management (ASX:PTM)
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