comparemela.com

Latest Breaking News On - நிறைவேற்றுபவர் அறங்காவலர்கள் - Page 1 : comparemela.com

IOOF gets one green light for $1 4b MLC takeover

IOOF gets one green light for $1.4b MLC takeover Share The competition regulator will not stand in the way of wealth giant IOOF s ambitious acquisition of the National Australia Bank s MLC, noting that the combined group would still face significant competition from industry super funds. The Australian Competition and Consumer Commission released the findings of its review into the $1.4 billion transaction on Monday, helping pave the way for IOOF to make good on its claim to become Australia s largest retail wealth manager and provider of financial advice. Shares in IOOF rose 3 per cent to $3.74 in Monday s trade. ACCC approval is a key milestone for the MLC deal, says IOOF CEO Renato Mota.  

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.