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Weekly roundup: Australia super mergers; FWD's Malaysian life insurer stake acquisition

Two Australian superannuation funds exploring merger; FWD takes stake in Malaysian life insurer; Hong Kong Investment Corporation gets board members; and more.
Weekly roundup: Australia super mergers; FWD's Malaysian life insurer stake acquisition
TOP NEWS OF THE WEEK Australian Retirement Trust and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, and have already commenced the due diligence process. The expectation is that the merger, if approved, will be completed later this year. The previously proposed merger between AvSuper and Commonwealth Superannuation Corporation was unable to proceed under the current legislative timetable as required changes were unlikely to be delivered in 2023. …
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