Australia’s wealth management industry has been a hotbed for local M&A activity over the past few years.
And here’s another deal to sink your teeth into.
Tonight, we reveal which private investment manager – that has about $7 billion in assets under management – has drafted in Bank of America’s dealmakers to help it consider its strategic options.
Everything is on the table, including a sharemarket listing, or sale to a bigger trade or private equity player.
Elsewhere, American private equity firm Madison Dearborn Partners’ local disability and employment services group, APM, is heading back to debt markets.
And finally, we check into what’s going on at takeover target Altium.
Happy reading, Sarah Thompson, Anthony Macdonald and Tim Boyd
Canaccord Genuity has lined up a three-pronged ASX attack – comprising a roadshow, pre-IPO funding round and then a float – for this next healthcare business.
