KM Financial Solutions | Australia’s ANZ to sell majority stake in pensions business for initial $596 mln
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Australia’s ANZ to sell majority stake in pensions business for initial $596 mln

Australia’s ANZ to sell majority stake in pensions business for initial $596 mln

Australia and New Zealand Banking Group
Ltd said on Thursday it entered a term sheet to
transfer an 82 percent stake in its pensions unit (P&I) and
ownership of its aligned dealer groups (ADG) to wealth manager
IOOF Holdings Ltd

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