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Showing 11 - 20 of 40 results for "Heads of Agreement"

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... naming the key executives and board directors to lead the $200 billion entity. The two funds have signed a Heads of Agreement to merge by September this year, a decision that is supported by the Queensland government. The move will see the departure ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence process. Work is underway on implementing the merger, the two funds said ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with a target launch period set for the third quarter of 2021. "[The two firms] have been working on a model which enables ...

QInsure ramps up claims technology

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... regulatory obligations. QInsure chief executive Phil Fraser said: "We will be working closely with FINEOS under this heads of agreement to ensure APRA (Australian Prudential Regulation Authority) is supportive of our approach." Fraser commented that ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

Super fund turns to food sustainability

KRISTI CHENG  |  MONDAY, 5 AUG 2019
... support poultry production on a rent by area basis. Last month, First State Super and VicSuper signed a Binding Heads of Agreement to merge, with leadership roles and a 2020 deadline confirmed. The funds said a successful merger would see the creation ...

First State Super, VicSuper merger talks progress

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2019
First State Super and VicSuper have now signed a Binding Heads of Agreement to merge, with leadership roles and a 2020 deadline confirmed. In an update, the funds said a successful merger would see the creation of a $120 billion fund serving more than ...

Statewide Super confirms merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
... Tasplan members. "A Memorandum of Understanding exists to explore the possibility of a merger and is not a Heads of Agreement to merge," the spokesperson said. According to Rainmaker data, a merger would create a $24 billion super fund serving more than ...

TAL acquires Suncorp Life

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
... will sell its life insurance business to TAL. TAL Dai-ichi Life and Suncorp have entered into a non-binding Heads of Agreement that will see TAL acquire the business for $725 million. The agreement includes a 20-year strategic alliance, with TAL to offer ...

Family office merger sees new chief executive

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
... Myer Group's chief officer of corporate and property services for 11 years. As previously announced in the heads of agreement, existing Mutual Trust shareholders will own 65% of the expanded Mutual Trust. Myer Family will own 35% and become Mutual Trusts' ...