middle.news
Platinum Asset Management Eyes $16.5B Future with L1 Capital Merger
1:14am on Saturday 30th of August, 2025 AEST
•
Financial Services
Read Story
Platinum Asset Management Eyes $16.5B Future with L1 Capital Merger
1:14am on Saturday 30th of August, 2025 AEST
Key Points
Proposed merger with L1 Capital to form L1 Group with $16.5 billion AuM
FY2025 adjusted operating profit margin steady at 44% amid strong expense control
29% decline in average funds under management reflecting client outflows
Merger expected to deliver $20 million in annual pre-tax synergies and EPS accretion
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Platinum Asset Management (ASX:PTM)
OPEN ARTICLE