mergers and acquisitions

Broker channel ‘important part’ of Heritage-PCCU future

by Fabian Cotter • 18 Nov 2022

Aggregators and brokers are still key to the Heritage Bank-People’s Choice Credit Union merger, the mutuals have...READ MORE

ScotPac acquires Business Fuel

by Annie Kane • 7 Mar 2022

Non-bank lender ScotPac has acquired one of its competitors to enable it to offer online business lending for the first... READ MORE

Equity-One to be bought by Westlawn

by Annie Kane • 22 Feb 2022

Brokerage Westlawn Finance Limited is set to acquire Melbourne-based mortgage lender and funds management business,... READ MORE

AFG completes aggregator acquisition

by Annie Kane • 23 Dec 2021

The major aggregator has completed its acquisition of a 75 per cent stake in Fintelligence.

Westpac completes sale of vehicle loan book

by Annie Kane • 21 Dec 2021

The big four bank has completed the sale of its $1-billion wholesale dealer loan book to Angle Auto Finance, with... READ MORE

Heritage leaders address merger proposal concerns

by Annie Kane • 28 Oct 2021

The chairman and chief executive of Heritage Bank have addressed concerns about the bank’s proposed merger with... READ MORE

Prospa acquires brokerage

by Annie Kane • 21 Sep 2021

The SME lender has acquired a commercial finance brokerage and welcomed its director to the team as northern regional... READ MORE

New non-bank lending group formed following merger

by Annie Kane • 2 Sep 2021

Several industry veterans, including former Pepper chief executive Patrick Tuttle, are to head up a newly created... READ MORE

Westpac completes LMI business sale

by • 1 Sep 2021

The big four bank has finalised its deal with a global specialist insurer for its lender’s mortgage insurance... READ MORE

Brokers ‘integral’ to merged Heritage-People’s Choice entity

by Annie Kane • 19 Aug 2021

The broker channel will play a key role in distributing loans for the newly proposed Heritage Bank-People’s Choice... READ MORE

NAB to buy Citi for $1.2bn

by Annie Kane • 9 Aug 2021

The major bank has entered into an agreement to buy Citigroup’s Australian consumer business for approximately $1.2... READ MORE

AFG-Connective merger unlikely to complete

by Annie Kane • 23 Jul 2021

The aggregator has flagged that delays from the courts in delivering a judgement on its proposed merger with Connective... READ MORE

BOQ reshuffles board following ME Bank acquisition

by Annie Kane • 23 Jul 2021

Following the completion of its acquisition of ME Bank, BOQ Group has announced changes to its board.

Volt acquires non-bank lender

by Annie Kane • 13 Jul 2021

Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE

BOQ completes ME Bank acquisition

by Annie Kane • 1 Jul 2021

ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE

REA Group-Mortgage Choice acquisition gets approved

by Malavika Santhebennur • 27 May 2021

The property services group said it has received approval from the Foreign Investment Review Board for its proposed... READ MORE