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Showing 21 - 30 of 42 results for "Heads of Agreement"

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' ...

Family office giants agree to merger

ALEX BURKE  |  TUESDAY, 13 JUN 2017
Two prominent Australian family office businesses have signed a conditional heads of agreement to combine operations. Subject to regulatory approvals, Mutual Trust and Myer Family Company (MFCo) will merge, with Myer Family Investments (MFI) owning ...

Industry funds in merger talks

EMMA RAPAPORT  |  THURSDAY, 13 APR 2017
Two industry superannuation funds have signed a heads of agreement, giving in principle support for a merger. Kinetic Super, which manages $3 billion in retirement savings and operates for the benefit of more than 270,000 members, and Sunsuper, which ...

ASX and Bank of China sign major agreement

MARK SMITH  |  WEDNESDAY, 19 NOV 2014
ASX and the Bank of China have signed a heads of agreement to develop the Renminbi (RMB) as a currency in Australia's financial markets. The heads of agreement complements the recent appointment of the Bank of China as the official RMB clearing bank ...

Link Group plans to open Melbourne office

JAMES FERNYHOUGH  |  FRIDAY, 14 NOV 2014
... we want to offer those people a career [at Link Group]." Currently the purchase of Superpartners is at the heads of agreement stage. However, McMurtrie said it is extremely likely to go ahead. He said he expected a deal in the first quarter of 2015.

Link Group to buy Superpartners

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
... owners, AustralianSuper, HESTA, Cbus, HOSTPLUS and MTAA Super. The five funds today announced they would enter a heads of agreement with Link Group "for the provision of a superannuation administration platform and the ancillary sale of Superpartners ...

Tasplan and Quadrant mull merger

ALICE URIBE  |  TUESDAY, 11 MAR 2014
Tasmanian superannuation funds Quadrant fund Tasplan will investigate a merger and have entered into a Heads of Agreement. The two funds will consider whether there would be an improved provision of superannuation services to the members and employers ...

Austock bid on ice

BEN COLLINS  |  FRIDAY, 6 JUL 2012
... business. "There is no clarification or previous disclosure about whether Austock has already entered into a Heads of Agreement, due diligence or other arrangement with Folkestone," said the announcement. "If Austock is entering into any specific dealings ...

Australian Unity possible merger

ELISE BURGESS  |  FRIDAY, 17 JUN 2011
... are exploring a merger option that would potentially create a 310,000 member strong union. Having signed a heads of agreement, the organisations senior executives and directors have formed an evaluation committee that will assess the potential of a merger ...