Get notifications in real-time for staying up to date with content that matters to you.
Staff Reporter
AMP has made its third bid for AXA Asia Pacific Holdings, offering $14.6 billion for the company.
If successful, the deal would force the company to sell its Asian operations to French parent AXA SA.
AMP’s chief executive Craig Dunn said the deal would create a fifth pillar in the financial services industry that would be able to take on the major banks, with dominant shares in the retail superannuation, retirement income, retail managed funds and individual risk sectors.
AMP's offer matches NAB’s all cash $6.43 per share bid accepted by the AXA APH board in September this year, but later disallowed by the competition regulator.
The business lender has rolled out a new broker platform, as it h...
Brokers are key to holding lenders to account to ensure borrowers...
The aggregation group has announced a new arrangement with a spec...
Join Australia's most informed brokers
Do you know which lenders are providing brokers and their customers with the best service?
Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What's the longest time you've been left on hold before getting through to a credit assessor?
