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

Mercury announces reshuffle at its top table
Finance

Mercury announces reshuffle at its top table

The two new members of the executive team are internal candidates.

Spark outlines more possible asset sales
Finance

Spark outlines more possible asset sales

The Spark board has a calculation to make about dividend reinvestment policy.

Pattrick Smellie 31 Oct 2024
Heartland chases shareholder returns
Finance

Heartland chases shareholder returns

Heartland became the first NZ bank to buy an Australian bank in April.

Gregor Thompson 31 Oct 2024
Spark cuts guidance as investor grumbles grow
Finance

Spark cuts guidance as investor grumbles grow

Dividend cuts and asset sales as 'cyclical and structural' issues hit home.

Pattrick Smellie 30 Oct 2024