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Why Charter Hall snared David Paradice

David Harrison and David Paradice’s $207 million deal gambles that bigger is better in a market where superannuation giants are changing Australian capital markets. 

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Charter Hall chief executive David Harrison and legendary fund manager David Paradice will be hoping for plenty of rest over the Christmas break.

Given Charter Hall’s deal to buy 50 per cent of Paradice Investment Management (PIM) for $207 million wasn’t signed off until 4.37am on Wednesday, they’ve earned it.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/why-charter-hall-snared-david-paradice-20211222-p59jka