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Mergers and Acquisitions

M&A

12 January 2017 • By • 1 min read

ANZ subsidiary to sell UDC Finance

The New Zealand arm of ANZ Bank has announced the sale of asset financing business UDC Finance to financial services company HNA Group. The company ...

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Hub24 completes fintech acquisition

Platform provider Hub24 has completed the acquisition of Agility, a start-up specialising in application, data exchange and technology services for ...

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Multinational dips toe in Aussie financial services

NYSE-listed company Arthur J Gallagher has entered the Australian financial services industry with the acquisition of a Brisbane-based financial ...

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ANZ sells stake in Chinese bank

ANZ has reached an agreement to sell its 20 per cent stake in the Shanghai Rural Commercial Bank as part of its longer term strategy to simplify the ...

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Trustees Australia announces fintech merger

Fintech marketplace operator Cashwerkz has merged with Trustees Australia to create a platform that aims to disrupt the fixed interest investment ...

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BoQ to acquire Centrepoint Alliance subsidiary

The Bank of Queensland has announced a $20 million deal to acquire Centrepoint Alliance’s Premium Funding business. The bank said the acquisition ...

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Equity Trustees keen to acquire Sandhurst Trustees

Equity Trustees has confirmed it is in discussions with Bendigo and Adelaide Bank regarding a potential acquisition of the Sandhurst Trustees estates ...

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GSAM spin-off announces rebrand

The management buyout of Goldman Sachs AM’s Australian investment operations will be rebranded as Yarra Capital Management. Yarra Capital ...

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Mercer acquires Pillar Administration

Mercer has acquired Pillar Administration, beating out other potential buyers Link Group and Anchorage Capital Partners. Pillar Administration, ...

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ANZ Wealth sale ‘not about capital’

ANZ’s decision to exit product manufacturing is purely strategic and unrelated to the need to raise regulatory capital, says chief executive Shayne ...

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