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Mergers and Acquisitions

M&A

10 August 2017 • By Tim Stewart • 1 min read

‘High interest’ in CommInsure sale: Narev

The Commonwealth Bank looks set to exit the manufacturing of life insurance in a move that would free up a substantial amount of regulatory ...

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FinaMetrica merges with Canadian firm

Risk-profiling regtech firm FinaMetrica has announced it will merge with Canadian-based financial software company PlanPlus. FinaMetrica and ...

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Nikko AM takes stake in US firm

Nikko Asset Management has acquired a minority stake in US-based firm ARK Investment Management. Nikko Asset Management (Nikko AM) has obtained the ...

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Fortnum licensee acquires AMP advice practice

Fortnum Private Wealth-aligned Fortuity Strategic Advisors has announced the acquisition of an AMP-aligned advice practice. Fortuity Strategic ...

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Myer and Baillieu family offices to merge

The merger of family offices Mutual Trust and the Myer Family Company has been confirmed pending regulatory approval, with EY partner Phil Harkness ...

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Super Auditors and ASF Audits to merge

SMSF auditing firms ASF Audits and Super Auditors have announced their intention to merge, creating a firm that will service over 12,000 self-managed ...

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Financial services tipped as ‘hot’ M&A sector

Financial services has been earmarked as one of the “hot” sectors for M&A throughout the next financial year, according to a report by Minter ...

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Westpac to sell Hastings to Charter Hall

Westpac has entered into discussions to sell Hastings Management, its global infrastructure real assets business, to Charter Hall. In an ...

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NAB offloads majority stake in JANA

The National Australia Bank has announced it will sell 55 per cent of its asset consulting business JANA in a management buyout. NAB has announced ...

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Clime acquires CBG Asset Management

Clime Investment Management has acquired Australian equities boutique CBG Asset Management, increasing its total funds under management (FUM) to $700 ...

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