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Mergers and Acquisitions

13 November 2024 • By InvestorDaily team • 1 min read

Cbus to appear at Senate economics after initial hesitation

InvestorDaily understands that Cbus will be appearing at tomorrow’s Senate economics committee hearing. Following speculation regarding Cbus’ ...

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Super funds merge to create $53bn entity

The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members. CareSuper and Spirit Super ...

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Global infrastructure player formally joins BlackRock

BlackRock has officially acquired an infrastructure asset manager in a billion-dollar deal as it expands its alternatives remit. BlackRock this ...

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Super funds to create $60bn entity

TelstraSuper and Equip Super have entered into a merger agreement to create a $60 billion fund. TelstraSuper and Equip Super have signed a ...

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Betashares formally enters super industry with major acquisition

The fund manager has flagged a number of developments as it formally enters the superannuation space. Betashares has announced on Monday it has ...

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BNP Paribas begins negotiations for $8.5bn AXA IM buyout

BNP Paribas Group has confirmed it is in exclusive talks with AXA to acquire 100 per cent of its €850 billion investment management arm

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Iress completes UK mortgages business offload

Iress has completed the sale of its UK mortgages arm, representing the fourth and largest divestment successfully executed under its transformation ...

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ANZ finalises Suncorp acquisition, welcomes 1.2m new customers

ANZ has completed its acquisition of Suncorp Bank almost two years after first announcing the $4.9 billion deal. ANZ has announced that Suncorp’s ...

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Active Super, Vision Super confirm merger date

The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity. Vision Super and Active ...

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Perpetual broken up following strategic review, CEO to retire

Perpetual is to become solely focused on asset management and chief executive Rob Adams will retire as the firm announces the outcome of a six-month ...

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