EISS Super, TWUSUPER to explore merger : vimarsana.com

EISS Super, TWUSUPER to explore merger


EISS Super, TWUSUPER to explore merger
EISS Super, TWUSUPER to explore merger
The two industry funds are edging towards a consolidation, having now stepped into a period of due diligence.
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EISS Super and TWUSUPER have signed a memorandum of understanding (MoU) to commence a formal due diligence process. Both funds will be exploring whether the merger will be in the best interests of their members.
The potential amalgamation would create a $12 billion fund, with 130,000 members.
EISS Super chief executive Alexander Hutchison commented the fund will have an obligation to proceed with the merger if it determines it’s in members’ best interests.

Related Keywords

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