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Search ResultsShowing 1 - 4 of 4 results for "AET Corporate Trust"
Raiz cuts AET amid Sargon saga
ALLY SELBY  |  MONDAY, 2 MAR 2020
... priority claims owed to employees of around $2 million and intercompany loans of about $75 million. IOOF sold its AET corporate trust business to Sargon in October 2018 $51.6 million. At the time, AET said it was excited to join the now embroiled firm. ...
IOOF expects to reappeal timber case
KANIKA SOOD  |  MONDAY, 30 SEP 2019
... in the amounts sought by him ($82.46 million) minus the receiver costs of about $1.6 million. IOOF sold its AET corporate trust business for $51.6 million to Sargon last year. Liability for any outcome from this case was retained by IOOF. "Sargon acquired ...
Former IOOF company loses court battle in timber scheme
KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... expecting net income of roughly $30.5 million, and a net profit after tax of $28.1 million. IOOF sold its AET corporate trust business for $51.6 million to Sargon last year. Liability for any outcome from this case was retained by IOOF, both companies ...
IOOF offloads corporate trust business
KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... trusts. Sargon chief executive Phillip Kingston welcomed said there was a complementary fit between Sargon and AET Corporate Trust. "During the past two years Sargon has made a number of strategic acquisitions to bolster our capability and scale in trustee ...
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