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Mergers and Acquisitions

M&A

07 January 2020 • By Sarah Simpkins • 1 min read

Iress nabs blockchain platform

Iress has acquired blockchain communication platform firm BC Gateways, with plans to expand the data sharing technology across the wealth sector

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Industry super merger to create $23bn fund

Two industry super funds have revealed plans to merge next year in a move that will create a single fund with 335,000 members and $23 billion in funds ...

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Moelis snaps up Byron Bay hotel for $100m

The fund manager will take ownership of the iconic Beach Hotel in Byron Bay, which will sit within its own single asset investment fund

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‘Inappropriate time’ to sell MLC, says NAB boss

NAB chief executive Philip Chronican has hinted at a potential ASX listing for MLC but said now is not the right time to off-load the wealth business

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Financial services M&A deals hit $8bn in September

Total financial services industry deals for September 2019 worth $8.01 billion were announced globally, according to GlobalData’s deals ...

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IFM Investors buys US petroleum firm for $10bn

Industry super fund-owned IFM Investors has completed a $10 billion purchase of US petroleum distributor Buckeye Partners, in what has been labelled ...

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CBA completes CommInsure exit

The Commonwealth Bank of Australia has completed the sale its life insurance business CommInsure Life to insurer AIA Australia. The move comes ...

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AMP Capital takes 50% stake in massive wind farm

AMP Capital has agreed to acquire a 50 per cent interest in Macarthur Wind Farm, the largest wind farm in the southern hemisphere, from Malaysian ...

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Bravura snaps up wealth tech firm for $25m

ASX-listed Bravura has acquired FinoComp, an Australian software company that builds flexible solutions for the UK wealth market. The company was ...

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GSFM buys MLC stake in Redpoint

GSFM has acquired a 49 per cent equity stake in boutique quantitative equities specialist Redpoint Investment Management from MLC Asset Management

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