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Mergers and Acquisitions

M&A

10 September 2021 • By Fergus Halliday • 1 min read

Competition watchdog weighs benefits of LCR in merger approval

The local competition watchdog has given its approval of a merger between three major players in Australia’s payment processing sector

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Pinnacle acquires leading marketing and distribution firm

Pinnacle Investment Management Group has announced the acquisition of a leading third-party marketing and distribution firm. Pinnacle will acquire ...

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Soaring control premiums exacerbated by COVID-19

Average control premiums have almost doubled throughout the COVID-19 pandemic, rising from 32 per cent in 2019 to 61 per cent in 2020, a new study has ...

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Centuria expands REIT portfolio

Centuria Office REIT (COF) announced on Monday that its portfolio value is set to advance to $2.3 billion, an increase of 2.3 per cent, following two ...

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MH Carnegie partners with crypto asset fund manager

Alternative asset manager MH Carnegie has announced that it will look to cement itself as a leader in the crypto investment space in unveiling new ...

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Mutual bank, credit union to merge

A mutual bank has announced it’s entered into an agreement with a rival credit union to explore merger opportunities. In a statement, Heritage Bank ...

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Sydney Airport rejects new takeover bid

Sydney Airport has knocked back a second takeover offer from a super fund-led investment consortium that it says “continues to undervalue” the group’s ...

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Kina in talks with regulator on Westpac Pacific sale

Westpac’s suitor for its Pacific-based businesses has made overtures to the PNG competition regulator after it knocked back the group’s bid to ...

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NAB acquires Citi’s consumer division

The major bank has confirmed it will purchase Citi’s consumer banking business for a total equity consideration of more than $1 billion as it looks to ...

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Westpac sells life insurance arm

The big four bank has announced it is selling its life insurance business to a competitor. In a statement, Westpac said it had agreed with TAL to ...

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