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Mergers and Acquisitions

M&A

06 April 2020 • By Sarah Simpkins • 1 min read

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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Insurance, advisory giants merge

The multinationals confirmed they would be combining in an all-stock transaction with an implied combined equity value of around $121 billion ($US80 ...

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Morgan Stanley to buy E*TRADE

Morgan Stanley has pushed into retail in the largest Wall Street acquisition since the GFC. The purchase opens up a significant chunk of the retail ...

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IOOF profit plunges, P&I faces shake-up

IOOF’s profit for the half slumped, but the group has dived into a plan to reshape its business, with its chief hinting that the products in the ...

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IOOF completes OnePath deal, indicates profit to plummet

IOOF has signalled its expected profit for the first half of FY20 will plunge by almost 40 per cent year-on-year, following the wealth giant ...

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Perpetual buys ESG specialist, eyes US expansion

Perpetual is set to purchase Boston-based ESG investment firm Trillium Asset Management for $54 million, with plans to establish a US distribution arm

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DWS snaps up Canberra hotel for European fund

DWS has acquired The Sebel Hotel in Canberra in an off-market transaction on behalf of one of its major European real estate investment funds from the ...

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Visa spends big on payments start-up

Visa is set to pay billions for a start-up with access to a network of America’s biggest fintech apps. Visa will acquire Plaid, a start-up that ...

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