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Mergers and Acquisitions

M&A

03 July 2018 • By Jessica Yun • 1 min read

CBA completes NZ life insurance divestment

The Commonwealth Bank has completed the divestment of its New Zealand life insurance business, Sovereign, to AIA. On 21 September 2017, CBA ...

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Natixis IM acquires European credit specialist

Natixis Investment Managers has acquired London-headquartered private credit firm MV Credit, giving investors access to private debt, private equity, ...

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YBR sells wealth management unit

Yellow Brick Road has entered an agreement with advice firm INPRO to sell YBR Investment Services’ client book. In a statement on the ASX, Yellow ...

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CBA shares slide as demerger announced

Commonwealth Bank shares were down sharply yesterday following the bank's decision to demerge its wealth management and mortgage broking divisions

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ANZ offloads PNG retail bank for $10m

ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian ...

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CBA to demerge wealth and mortgage broking

The Commonwealth Bank has announced it will demerge its wealth management and mortgage broking businesses, creating a new entity named CFS Group

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Linchpin to merge with AD, list on ASX

Linchpin Capital, the parent company of two dealer groups that authorise 300 advisers, will commence an initial public offering after merging with ...

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Aviva sells RE multi-manager business

Aviva Investors has sold its real estate multi-manager business and its interest in European property fund Encore+ to LaSalle Investment Management

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Macquarie reduces stake in Yellow Brick Road

Macquarie has reduced its stake in financial services firm Yellow Brick Road from 18 per cent to 5 per cent. Yellow Brick Road revealed in a ...

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Deutsche bullish on wealth management

The announcement of 7,000 job cuts and a significant financial loss will not deter Deutsche Bank from its global strategy to increase its wealth ...

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