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Mergers and Acquisitions

M&A

14 June 2019 • By Sarah Simpkins • 1 min read

John Bridgeman could finally secure pirate fund

Investment manager John Bridgeman could be about to take over troubled Brisbane fund Benjamin Hornigold, following the resignation of all of the ...

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CBA offloads advice group for $2.5m

Australia’s largest bank has confirmed that it will sell a major advice dealer group with 359 advisers for $2.5 million.  Together with a special ...

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Canadian group to buy Aus wealth manager

Toronto-headquartered Canaccord Genuity Group has moved to acquire Australian financial services business Patersons Securities for $25 million, or 23 ...

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UBS inks major deal with Japanese banking giant

The Swiss bank has revealed plans to launch a comprehensive strategic wealth management partnership in Japan. UBS and Sumitomo Mitsui Trust ...

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Link gets green light on $450m Apex deal

ASX-listed Link Group will offload its corporate services arm to UK-based Apex Group for approximately $450 million after meeting all regulatory ...

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Mercantile chair retires amid Sandon takeover

The chairman of Mercantile Investment has announced his imminent retirement amid a takeover offer from Sandon Capital Investments. Due to age and ...

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Ellerston acquires ESG investment manager

Ellerston Capital has announced it has a controlling stake in a specialist investment manager focused on investing in global equities with ...

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Will mortgages and advice ever work at a group level?

Financial advisers are successfully selling mortgages. But for large groups, the ‘one-stop shop’ model is riddled with issues.  Yellow Brick Road, ...

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Zurich completes acquisition of ANZ life business

Zurich Financial Services Australia has announced it has completed the acquisition of ANZ’s OnePath Life, making it the largest retail life insurance ...

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IRESS acquires global data group for $62m

IRESS has announced its acquisition of an international market data provider, which will continue to be operated by its founder and CEO within the ...

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