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Mergers and Acquisitions

M&A

02 November 2021 • By Neil Griffiths • 1 min read

Listed managed accounts platform rejects merger proposal

Listed managed accounts platform Praemium has rejected a proposal to merge with Netwealth. The proposal submitted last week by Netwealth would see ...

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Newly merged super fund eyes acquisition of Suncorp business

The newly merged superannuation fund of LGIAsuper and Energy Super has announced its intention to acquire Suncorp’s superannuation business

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Macquarie to acquire Central Park Group, divest One Rail Australia

Macquarie Group has announced an acquisition and a divestment, back-to-back. On Thursday, Macquarie Group confirmed its asset management division ...

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Colonial First State forges MySuper deal with BlackRock

Colonial First State has appointed BlackRock to help manage investments in its MySuper investment products FirstChoice Employer Super (FCES) and ...

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HUB24 inks deal to acquire Class

HUB24 has confirmed the acquisition of Class as the platform provider looks to establish itself as a market leader. HUB24 and Class have inked a ...

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Zenith Group acquired by global fund data and tech company

Zenith Group – including Zenith Investment Partners and Chant West – has been acquired by a global fund data and tech company. On Wednesday it was ...

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Acquisition of Suncorp’s Australian life insurance business completed

TAL Life has confirmed it has completed the acquisition of Suncorp’s Australian life insurance business, Asteron Life & Superannuation

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Cyber security firm raises $25m for acquisitions

ASX-listed Tesserent Limited has raised $25 million to fund strategic acquisitions with a focus on the federal government market.  Cyber security ...

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Zip bets $50m on India’s BNPL fortunes via ZestMoney

One of the biggest names in BNPL is investing in India as it looks to grow beyond Australia’s maturing market. Australia’s second-biggest player in ...

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Sale of Westpac’s Pacific businesses called off

Westpac has terminated an agreement to sell its Pacific-based businesses. On Wednesday, the big four bank announced that the agreement to sell a 89 ...

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