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Hamilton Locke has advised Apollo Tourism & Leisure Ltd on its merger with Tourism Holdings Limited. Firms: Hamilton Locke (Apollo Tourism & Leisure Ltd); Undisclosed (Tourism Holdings Limited). Dea ....
LGIAsuper acquires Suncorp’s superannuation business
By Emma Ryan|11 May 2021
Global law firm Jones Day is advising LGIAsuper on its acquisition of Suncorp’s superannuation business.
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Deal: LGIAsuper is set to acquire Suncorp’s superannuation business, through the acquisition of Suncorp Portfolio Services Limited (SPSL).
Value: $45 million.
Area: M&A.
Key players: The team advising LGIAsuper was led by Jones Day Brisbane-based financial markets specialist Jo Dwyer and Brisbane-based M&A specialist Isaac West, with assistance from Benny Sham, Ingrid Costello, Dylan McIntyre and Samuel Cross.
Deal significance: According to a statement provided by Jones Day, SPSL has 137,000 superannuation members and approximately $6.4 billion in funds under administration. ....