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Mergers and Acquisitions

M&A

13 June 2019 • By Adrian Flores • 1 min read

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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Adamantem Capital acquires ASX-listed company

The Aussie private equity player has snapped up its second public-to-private target and the sixth for the fund since it launched in 2017

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