Our board moves wrap includes Leigh Ryan, James Sullivan, Ian Parker, Richard Simpson, Daniel Madden, Keith Smith, Steve Brockhurst, David McEntaggart, Sandra Dodds, Andrew Edwards, and Geoff Baker.
Euroz is planning to partially retain the Hartleys brand and intends to bring independent directors onto its board as part of its agreement to acquire the rival stockbroking firm.
Listed stockbroking and funds management firm Euroz has offered to buy competitor Hartleys in a scrip deal that would give Hartleys' current shareholders a 17 per cent stake in the combined group.
Stockbroking firm Hartleys has confirmed it is in advanced merger discussions with listed rival Euroz. If the merger proceeds, it would add to a string of changes among Perth's top corporate finance dealmakers.
Hartleys has reported a big drop in annual revenue and net profit, making it the third major stockbroking firm in Perth to have its results hit by the sharp decline in corporate finance activity over the past year.
Hartleys has lifted funds under management above $1 billion for the first time, a milestone that new chairman Ian Parker believes will help the stockbroking firm weather the current downturn in resources.
