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Mergers and Acquisitions

M&A

06 May 2021 • By Reporter • 1 min read

APRA approves ‘transformational’ MLC deal

APRA has approved IOOF’s acquisition of MLC’s NULIS Nominees in a decision that will create one of the largest wealth managers in Australia

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Bidding war rages for Mainstream

SS&C has upped the ante with its bid for investment administration provider Mainstream after rival Apex fired off a $356.2 million offer.  Apex ...

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Macquarie buys US wealth manager

The asset management division of Macquarie Group has secured one of the oldest asset and wealth firms in the US for $2.3 billion. Macquarie Asset ...

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Westpac still searching for wealth exit

Westpac has flagged the sale of its remaining wealth-focused businesses as a key part of its cost-cutting strategy, as the bank’s remediation expenses ...

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Mainstream fields $356.2m takeover offer

Another suitor has popped up to bid for the Aussie fund administrator, upping the stakes by around $50 million. Mainstream confirmed it received an ...

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Dexus tipped to drop $1.6bn of AMP assets

Analysts have set their expectations for how the Dexus and AMP Capital property fund merger will roll out, with the real estate investor forecast to ...

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Consortium abandons $2.9bn bid for Link 

A group of investors including Pacific Equity Partners and Carlyle Group has withdrawn its almost $3 billion takeover offer for Link Group

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Dexus wins bid for AMP Capital property fund 

The investors for a $5 billion AMP Capital property fund have voted to dump its manager and merge with a Dexus wholesale fund, following its initial ...

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AMP’s Hail Mary pass

It might be the only way out, but will taking AMP Capital public be enough to reverse its fortunes? Nobody really expected that AMP would take its ...

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Centuria expands into real estate debt

The real estate fund manager is set to acquire a 50 per cent stake in real estate debt fund provider Bass Capital for $24 million.  Centuria ...

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