The Australian Competition and Consumer Commission is conducting market consultations over National Australia Bank’s proposed US$13.3bn takeover of AXA Asia Pacific Holdings’ Australian and New Zealand business. If successful, it would be Australia’s second biggest financial services acquisition, bested only by Westpac’s US$16bn takeover of St George Bank in 2008. Under the proposed undertaking, AXA Asia Pacific Holding’s North Wealth.net…
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