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Mergers and Acquisitions

M&A

09 July 2020 • By Sarah Kendell • 1 min read

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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Perpetual lands government contract, completes ESG specialist acquisition

Perpetual’s corporate trust division has been appointed as the trustee team for a new impact investment fund launched by the Australian government, as ...

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 Zenith, Chant West settle, sale proceeds

Zenith Investment Partners has pulled through on buying the Chant West superannuation and consultancy business, after its parent company took it to ...

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AMP sells life business

AMP has sold its life insurance business to Resolution Life for $3 billion, completing a “key priority” in its transformation strategy

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Warakirri buys small-cap boutique stake

Investment firm Warakirri Asset Management is set to acquire a 50 per cent stake in fellow boutique Flinders Investment Partners. The two firms ...

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AMP Life sale greenlit

AMP has received regulatory approval for the sale of its life insurance business. The transaction is expected to wrap up after the market closes on ...

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WA wealth managers set up merger

Two stockbroking, institutional and wealth management firms in Western Australia are looking to join forces, under a proposed merger transaction

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Westpac exits Pendal

Westpac has sold out of its residual 9.5 per cent stake in Pendal for $185.3 million, with the bank’s ongoing wealth review to potentially affect its ...

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Centuria makes play for Kiwi fundie

Centuria Capital Group has made a full takeover offer for New Zealand property fund manager Augusta Capital for NZ$130 million ($121.3 ...

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ANZ exits NZ asset financier

ANZ has sold its asset finance business in New Zealand, UDC Finance for NZ$762 million ($708.2 million) to Japan-based Shinsei Bank. The sale is in ...

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