NYSE-listed insurance giant swoops on IFM Investors' My Plan Manager
Street Talk can reveal IFM has agreed terms with an offshore insurance giant to sell its stake in My Plan Manager for a couple of hundred million dollars.
Source: afr.com
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Nib's Honeysuckle checks out 24-7 Healthcare
Crescent Capital Partners has had bankers at Rothschild drumming up interest in the mobile primary care provider since April.
Source: afr.com
nib completes acquisition of fourth NDIS plan manager
Deal aligns with plan to enter the scheme and launch scheme-related business
Source: insurancebusinessmag.com
ASX LIVE: ASX to rise; Newcrest accepts Newmont takeover offer
Australian shares are 0.2pc lower; NAB sees chance of two more rate rises; AVZ faces $US1.4b in damages claims; Aristocrat to acquire NeoGames; Newcrest accepts Newmont takeover offer; Elders cuts dividend. Follow updates here.
Source: afr.com
NDIS reboot: Private equity nets outsized returns from service providers as revenues grow nearly 30 per cent
NDIS service providers will make up to $47b in revenues in the next five years and private equity is pouncing on an industry ripe for consolidation.
Source: afr.com