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Mergers and Acquisitions

M&A

28 October 2015 • By Reporter • 1 min read

NAB offloads 80 per cent of life business

NAB has agreed to sell 80 per cent of its life insurance business to big Japanese life insurer Nippon Life.  The bank announced the sale this ...

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FundBPO acquires hedge fund admin business

FundBPO, part of the MainstreamBPO group, has purchased the Asia-Pacific hedge fund administration business of Alter Domus. FundBPO has purchased ...

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IOOF revealed as bidder for Hub24

Financial services firm IOOF has been revealed as the mystery bidder for investment and superannuation platform Hub24. IOOF released a statement to ...

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Financial services M&A up 68 per cent

Mergers and acquisitions within the financial services industry bounced back in the third quarter of 2015, up 68 per cent year-on-year, according to ...

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Hub24 to evaluate acquisition proposal

Platform provider Hub24 has received an indicative, non-binding and conditional proposal from an unnamed party to purchase 100 per cent of the ...

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QIC acquires $1.78bn energy asset

Alternatives investment firm QIC has entered into an agreement to acquire the Iona Gas Storage Facility in Melbourne from EnergyAustralia

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M&A deals down 30 per cent

The number of merger and acquisition deals in the 12 months to 30 June 2015 was down significantly on the previous year, but a number of 'mega-deals' ...

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Advice practice values down, accounting up

Financial planning practice values were down in September while the value of accounting practices headed in the other direction, according to business ...

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Dover recruits bank-aligned planners

Financial planning dealer group Dover Financial Advisers has recruited financial planners from CBA, Suncorp and NAB, with the firm increasing its ...

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ACCC greenlights Macquarie acquisition

The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose a bid by Macquarie to acquire ANZ's dealer financing ...

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