Melbourne-headquartered ANZ has agreed to sell a portion of its wealth business – its superannuation and some of its financial planning operations – to financial services firm IOOF for A$975 million, the bank said in a statement today. The bank said it will sell its OnePath pensions and investments and aligned dealer groups business to IOOF Holdings, and that the…
ANZ sells portion of wealth business to IOOF for A$975 million
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