Date Time
Ashurst advises Lendi on merger with CBA’s Aussie Home Loans to create Lendi Group
Global law firm Ashurst has advised Lendi, Australia’s number one online digital home loan platform, on its merger with CBA’s Aussie Home Loans business to create the Lendi Group, a leader in the home loans broking industry. This merger revolutionises the future of home loans and combines Lendi’s market-leading digital technology and platform with Aussie’s iconic brand and significant broker and franchisee network.
Lendi Group will operate a multi-brand strategy, maintaining and investing further in the distinctive Aussie and Lendi brands while bringing together the complementary capabilities of Aussie and Lendi’s people, systems, operations and relationships to accelerate growth.
Global law firm Ashurst has advised AIA Australia Limited (AIA) on the completion of a A$2.375 billion share sale and portfolio transfer between AIA and...