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Mergers and Acquisitions

M&A

24 March 2021 • By Reporter • 1 min read

Westpac mulls further business sale

The major bank has said it is assessing the viability of another business arm, as part of a simplification strategy that has already seen its Asian ...

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Adamantem takes majority stake in carbon abatement manager

Private equity firm Adamantem Capital has become a majority investor in carbon project developer Climate Friendly.  Adamantem has signalled its ...

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Westpac sells mortgage insurance arm

The major bank has announced it will sell its lenders mortgage insurance business to a global specialist insurer. In a statement, Westpac said it ...

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AMP fights for fund in Dexus’ crosshairs

AMP Capital is biting back at a merger play from Dexus for its lucrative Diversified Property Fund (ADPF).  Dexus hopes to combine the ADPF with ...

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Foresight nabs investment ratings business

Sydney-based data firm Foresight Analytics has bought the investments division of ratings agency Australia Ratings.  Foresight has stated the newly ...

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AMP deal ‘beggars belief’: Macquarie

Ares is offering AMP bottom dollar for its private markets business, and the sale is unlikely to go ahead if it doesn’t aim higher.  Macquarie ...

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Auctus expands into Asia

ASX-listed firm Auctus Investment Group has taken a stake in Asian private market investment manager Odyssey Group, signalling that it will ...

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Global fund administrator offers $180.1m for Mainstream

Mainstream Group has secured a $180.1 million takeover bid from Hong Kong-headquartered fund administrator Vistra, but is still shopping its business ...

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AMP Capital offloads global companies arm

AMP Capital has sold its global companies capability to Canadian investment manager Fiera Capital.  The sale has included the segment’s dedicated ...

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BetaShares gets private equity boost

BetaShares has received a “significant investment” from a global private equity firm as it looks to fuel a major expansion of its business

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