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Mergers and Acquisitions

M&A

08 May 2020 • By Sarah Simpkins • 1 min read

AMP cancels NZ wealth sale 

A major bank has dropped plans to divest its New Zealand wealth management business following the COVID-19 economic meltdown.  AMP has confirmed it ...

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IMB Bank completes merger with credit union

IMB Bank has completed its merger with a Newcastle-headquartered credit union, after the prudential regulator gave the deal the green light

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Morningstar acquires Sustainalytics

One of the leading providers of investment research has broadened its push into ESG analysis with a new acquisition. Morningstar has reached an ...

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Wealth group acquires regional planning business

Fiducian Group has moved to acquire a regional advice business and merge two of its Victorian offices, in a transaction that will add $56 million to ...

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IOOF shutters NZ business

IOOF has retired its Kiwi business, with its chief saying the move is part of the group’s greater simplification plan. The group has entered into ...

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Boutique asset manager buys out owner

Boutique asset manager Wheelhouse Investment Partners has taken full ownership of its business, having acquired Bennelong Funds Management’s stake in ...

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Chant West takes Zenith deal to court

Chant West has fired legal action at previously agreed buyer and Zenith subsidiary CW Bidco in the NSW Supreme Court, after the company got cold feet ...

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Investor consolidation could rise as virus adds to industry challenges

Many active fund managers had already copped net negative flows before the coronavirus pandemic hit, with a report warning if markets continue to ...

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Buyer seeks exit from super research house sale

The sale of a superannuation research hub has hit a bump, with the buyer signalling it wants out in the current market conditions. Zenith ...

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Asset manager completes demerger, rebrands

An asset manager has launched its new brand after completing its demerger from its parent company. Investec Asset Management has split from ...

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