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Mergers and Acquisitions

M&A

03 August 2020 • By Lachlan Maddock • 1 min read

Franklin Templeton completes Legg Mason acquisition

Franklin Templeton has completed its acquisition of Legg Mason, creating one of the world’s largest independent specialised investment managers

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Perpetual to acquire majority interest in US asset manager

Perpetual has launched an equity raise to fund its acquisition of a 75 per cent stake in US asset manager Barrow Hanley.  The ASX-listed group ...

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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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