Fusion Corporate Partners

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-375
 
Morningstar Australasia, an Australian subsidiary of Morningstar, Inc. (Nasdaq: MORN), has completed its previously announced acquisition of Aegis Equities Research, a leading provider of independent equity research, from Aegis Equities Holdings.
Aprox. Value:  Undisclosed
 
Acquirer:  Morningstar Australasia
ACQ Web:  http://www.morningstar.com.au 
Location:  Australia, Sydney
Region:  Oceana
Description:  Morningstar, Inc. is a provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 350,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The company has operations in 20 countries and minority ownership positions in companies based in two other countries.
Categories:  Publisher, Media, Finance, Research
Contact:  Andrew Bird, chief executive officer of Morningstar Australasia
 
Vendor:  Aegis Equities Research
Vendor Web:  http://www.aegis.com.au 
Location:  Australia, Sydney
Region:  Oceana
Description:  Aegis Equities Research was founded in 1999 and currently serves institutional, adviser, and retail clients. It operates a web-based research platform that includes proprietary equities research and market commentary on more than 200 Australian Securities Exchange (ASX)-listed companies for brokers, financial advisers, and other institutions. Aegis also operates ShareAnalysis.com, a subscription-based website for individual investors, and publishes the ShareAnalysis weekly e-newsletter, which includes market news, analysis, and investment ideas. The Aegis business also provides model equity portfolios that can be licensed as a sub-advisory service for managed accounts or in “buy lists.”
Categories: Publisher, Media, Finance, Research
Contact:  Peter Leodaritsis, CEO and founder of Aegis Equities Research
 
Advisers: Sparke Helmore acted as legal advisor to Aegis Equities Research, and Clayton Utz acted as legal advisor to Morningstar Australasia.
 
Links

• Press Release announcing the acquisition April 1, 2010
• Press release announcing Morningstar’s plan to acquire Aegis Equities Research March 24, 2010
   

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