Business Services Industry
IOOF-AWM merger clears due diligence hurdle.
Australasian Business Intelligence, December, 2008
Byline: Duncan Hughes
Dec 15, 2008 (The Australian Financial Review - ABIX via COMTEX) -- Due diligence on a proposed merger between IOOF and Australian Wealth Management (AWM) has concluded. The proceedings did not identify any factors that would prevent the deal. AWM shareholders can expect to receive scheme documents in February 2009. IOOF MD, Tony Robinson, expects the merger could be completed by early April. The deal involves IOOF issuing one share for each 3.73 AWM shares.
Publication Date: 16 December 2008
IOOF ...
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