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BBY Limited
BBY Ltd was an Australian stock broking, corporate advisory and asset management firm. Prior to its voluntary Administration (law), administration on 18 May 2015, it claimed to be the largest independent stockbroker in Australia and New Zealand by market share. The group provided financial and advisory services to emerging companies and their investors including corporate finance, research, sales & Trade, trading, asset management and broker dealer services. History Foundation and early years BBY, formerly known as Burdett Buckeridge Young, was established in 1987 by three former A.C. Goode & Co. brokers, in conjunction with the State Bank of Victoria. The acquisition of State Bank by the Commonwealth Bank in the early 1990s saw the disposal of their interest and subsequently Jefferies Group, Jefferies & Co acquired an equity stake in the firm. BBY went on to established institutional broking and capital raising services on the back of its research platform. The company's head ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |