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Mergers and Acquisitions

M&A

03 October 2023 • By Jessica Penny • 1 min read

CBA Group Super issues ART merger update

The terms of the planned merger are set to be finalised in the coming weeks, according to the fund. Commonwealth Bank Group Super (Group Super) has ...

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Iress completes MFA business divestment

The financial services technology firm has finalised the divestment of its managed funds administration (MFA) business. Iress announced it has ...

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Regal abandons plan to acquire Pacific Current

The alternatives investment manager is walking away from a potential takeover. Regal Partners has abandoned its plan to acquire Pacific Current ...

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New Quantum finalises Morrison Securities acquisition

Technology company New Quantum Holdings has announced it has completed its acquisition of 80 per cent of Morrison Securities from Sequoia

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ACCC rejects $4.9bn ANZ-Suncorp deal

According to the regulator, the proposed acquisition of Suncorp Bank by ANZ would have further entrenched an oligopoly market structure dominated by ...

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Regal and GQG seek to acquire Pacific Current Group

GQG Partners has announced its intention to submit a bid for the multi-boutique asset management firm, just a day after Regal Partners confirmed its ...

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Insignia offloads investment bond business

The firm said that the business is considered “adjacent” to its core strategic priorities. Insignia Financial has entered into an agreement to ...

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Australian Unity, Cromwell agree on unlisted property funds merger

Cromwell is set to take over management of the combined portfolio valued at $1.1 billion. CDPF’s responsible entity, Cromwell Funds Management ...

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Sequoia invests in asset manager

Financial services company Sequoia Financial Group has acquired a 20 per cent stake in Euree Asset Management. On Tuesday, Sequoia confirmed that ...

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Westpac transferring BT PPM business to Mercer

Financial services business Mercer has reached an agreement with Westpac to absorb BT’s Private Portfolio Management (PPM) business. Simon ...

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