Australia's VGI Partners in talks with Regal Funds for potential merger

Australia-based VGI Partners Ltd. said Jan. 10 it is conducting preliminary discussions with Regal Funds Management regarding a potential merger.

The statement came following media speculation that the company is in talks with Regal Funds or another investment fund manager for possible amalgamation.

VGI added it is also in discussions with several parties regarding a range of potential transactions.