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31 July 2018 • By Tim Stewart • 1 min read

AD Capital pulls pin on merger

Melbourne-based fund manager AD Capital has terminated its plans to merge with Linchpin Capital following court proceedings brought against the ...

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Pinnacle to raise $60m to fund acquisitions

Boutique funds management stable Pinnacle has announced a $60 million institutional placement to fund its acquisition of equity interests in Metrics ...

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Prime Super and Combined Super in merger talks

Industry funds Prime Super and Combined Super have signed a memorandum of understanding ahead of a potential merger. In a statement, Prime Super ...

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Sunsuper and AustSafe Super to merge

Rural industry fund AustSafe Super has entered into an agreement to merge with $55 billion Sunsuper, with a target date of early 2019. The boards ...

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MSI Ragg Weir and Morrows to merge

Accounting and wealth management business MSI Ragg Weir has announced it will merge with Melbourne-based advice firm Morrows. In a statement, ...

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CBA completes NZ life insurance divestment

The Commonwealth Bank has completed the divestment of its New Zealand life insurance business, Sovereign, to AIA. On 21 September 2017, CBA ...

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Natixis IM acquires European credit specialist

Natixis Investment Managers has acquired London-headquartered private credit firm MV Credit, giving investors access to private debt, private equity, ...

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YBR sells wealth management unit

Yellow Brick Road has entered an agreement with advice firm INPRO to sell YBR Investment Services’ client book. In a statement on the ASX, Yellow ...

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CBA shares slide as demerger announced

Commonwealth Bank shares were down sharply yesterday following the bank's decision to demerge its wealth management and mortgage broking divisions

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ANZ offloads PNG retail bank for $10m

ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian ...

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