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Patersons not for sale – Manford

PATERSONS Securities executive chairman Michael Manford has declared the stockbroking firm is not up for sale, following market speculation about a potential deal with the Asia-Pacific arm of French banking giant Credit Agricole. But Mr Manford refused to comment on whether the stockbroker was in any kind of discussions with Credit Agricole. He said there was constant speculation about Perth broking firms being bought and sold. “What I can tell you is that Patersons is not up for sale.” “No part to if it is for sale. We have enjoyed strong growth in the past few years and we are continuing to grow the business.” Mr Manford said “there is always the potential to work with others” to help drive Patersons’s growth plans.

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Corporate finance employees

6th-Azure Capital26
7th-Argonaut14
8th-Patersons SecuritiesNFP
9th↑Hartleys10
10th-Regency CorporateNFP
72 corporate finance ranked by staff in corporate finance area (WA)

Assets under management or net assets ($m)

21st↓Yuuwa Capital$40.0m
22nd-Katana Capital$36.4m
23rd-Patersons Securities$2,200.0m
24th-Bentley Capital$13.5m
25th-Grandbridge$12.1m
54 fund managers ranked by assets under management or net assets

WA revenue

58th-Access Group Australia$80.0m
59th-Ross North Group$73.7m
60th↓Patersons Securities$73.4m
61st↓OrontideNFP
62nd↓Outback Travel Centres$54.8m
109 private companies - large ranked by revenue most recent financial year

Client advisers

1st-Patersons SecuritiesNFP
2nd-Hartleys46
3rd-Euroz Securities36
4th-Bell Potter Securities30
5th-CPS Capital Group26
20 stockbrokers ranked by number of client advisers in WA

Number of Employees

Corporate Finance

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