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Mergers and Acquisitions

M&A

31 August 2020 • By Lachlan Maddock • 1 min read

IOOF in new trading halt ahead of potential MLC acquisition

The wealth giant’s shares are in a trading halt as it prepares a capital raise, with rumours swirling that it is set to acquire MLC.  IOOF has ...

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Shareholders back Aon, Willis Towers Watson merger

Shareholders have voted in favour of advisory and insurance giants Aon and Willis Towers Watson consolidating, with the merger expected to close in ...

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Afterpay makes Europe play

The buy now, pay later (BNPL) giant will accelerate the European rollout of its Clearpay-branded platform with the acquisition of Pagantis

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Cerberus buys Westpac asset finance business

Westpac has signed off on the sale of its Vendor Finance business to Angle Finance, a portfolio company of alternative investing group Cerberus ...

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Japanese giant to exit AMP Capital

AMP has signalled it is set to repurchase Mitsubishi UFJ Trust and Banking Corporation’s (MUTB) 15 per cent stake in AMP Capital, for $460 million

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Wheelhouse completes buy-out

Australian investment manager Wheelhouse Partners has completed its transition to a new independent structure, having finished its acquisition of ...

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OneVue takes China-Taiping to court over Madison sale

Listed platform provider OneVue has confirmed it is taking Chinese financial services group China-Taiping to court after failing to reach an agreement ...

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Franklin Templeton completes Legg Mason acquisition

Franklin Templeton has completed its acquisition of Legg Mason, creating one of the world’s largest independent specialised investment managers

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Perpetual to acquire majority interest in US asset manager

Perpetual has launched an equity raise to fund its acquisition of a 75 per cent stake in US asset manager Barrow Hanley.  The ASX-listed group ...

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Praemium makes bid for Powerwrap

A listed managed accounts group has made an off-market takeover bid of over $55 million for an adviser platform provider. In a statement released ...

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