Mergers & Acquisitions

ANZ exits NZ asset financier

ANZ has sold its asset finance business in New Zealand, UDC Finance for NZ$762 million ($708.2 million) to Japan-based Shinsei Bank. ...

by Sarah Simpkins

more stories

  • PhillipCapital exits Aus retail advice

    The Australian arm of Asian brokerage firm PhillipCapital Group has sold its private wealth business to Sequoia Wealth Management, ending it...

    by Sarah Simpkins
  • Clime secures Madison

    Clime Investment Management has signed off on a purchase of a number of brands previously held by embattled fintech Sargon Capital, includin...

    by Sarah Simpkins
  • Private equity stake to prep CFS for full sale

    A major bank’s sale of a majority stake in its super business to a private equity firm is likely to see the business come out leaner and m...

    by Sarah Kendell
  • QIC pilots state bid for Virgin

    The Queensland government has indicated it will be bidding for embattled airline Virgin Australia through its state-owned fund manager. ...

    by Sarah Simpkins
  • Investment manager offloads Brisbane shopping centre stake for $285m

    An investment manager has sold its 75 per cent interest in a Brisbane shopping centre for $285 million. ...

    by Sarah Simpkins
  • Accounting, wealth firm acquires advice practice

    An Adelaide-based accounting and wealth advisory firm has expanded its private wealth division following the purchase of a financial advice ...

    by Sarah Simpkins
  • CBA sells majority stake in CFS

    CBA has indicated it will be selling a majority stake in its superannuation and investment business Colonial First State (CFS) for $1.7 bill...

    by Sarah Simpkins
  • Clime in acquisition talks for wealth group

    Clime Investment Management has confirmed it is bidding for a wealth manager that was previously held by embattled fintech group Sargon Capi...

    by Sarah Simpkins
  • AMP cancels NZ wealth sale 

    A major bank has dropped plans to divest its New Zealand wealth management business following the COVID-19 economic meltdown.  ...

    by Sarah Simpkins


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