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Mergers and Acquisitions

M&A

29 July 2019 • By Sarah Simpkins • 1 min read

CBA asset business sale gets green light

Commonwealth Bank of Australia is set to sell Colonial First State Global Asset Management (CFSGAM) to Japanese company Mitsubishi UFJ Financial Group ...

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Saxo Bank cleared to acquire stockbroker

All regulatory clearances have been obtained to allow Saxo Bank to acquire an online stockbroking company for $677 million. The acquisition of ...

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CBG revenue down 10%, Clime eyes takeover

CBG Capital has reported a 10 per cent drop in its revenue from the year before, while its directors are considering an acquisition offer from fellow ...

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Xplore exits Qld firm

Investment services provider Xplore Wealth has sold its 50 per cent stake in Queenland-based McGregor Wealth Management, following an industry shift ...

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FNZ play to stop SS&C in takeover war tanked

Fintech FNZ Group has been turned down by the Takeovers Panel in its effort to block investment software supplier SS&C Technologies in the bidding ...

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Keybridge launches litigation against Aurora

Keybridge Capital has been suspended from trading on the ASX after it told shareholders it commenced a lawsuit against Aurora Corporate

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YBR exits Smarter Money Investments

Yellow Brick Road Holdings has continued its shift away from wealth management, having sold its 50 per cent equity interest in Smarter Money ...

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Twelve Wealth and Minchin Moore join forces

Financial planning firm Twelve Wealth has merged with advice practice Minchin Moore in response to the changing advice landscape. The merger of the ...

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IOOF, JP Morgan cast off Ord Minnett

IOOF and JP Morgan have agreed to sell their stakes in longstanding broking and wealth manager company Ord Minnett, leaving a consortium of private ...

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Clime moves in on CBG Capital

Clime Capital has made a bid to acquire CBG Capital, having proposed to buy all of the firm’s shares in an off-market takeover. Clime has offered ...

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