Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer

Jarden, BNZ, JBWere deal said to be a pre-Christmas mixer
Advisers are probably working overtime to get a deal done. (Image: Getty)
Paul McBeth
The financial services firms said to be stitching up a supercharged wealth management firm are staying mum on reports that a potential $700 million deal will happen in the next couple of weeks. A deal first reported by the Australian’s Dataroom column in October appears to have taken things up a notch, with the News Corp-owned paper now flagging a close for the deal merging Jarden’s wealth business with National Australia Bank’s JBWere NZ business and Bank of New Zealand’s funds management arm. Jarden’s w...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024