ANZ will need approval from the ACCC, the Federal Treasurer and Queensland officials. The Finance Sector Union is calling for the deal for be rejected.
July 25, 2022Nine NBFIs have introduced fresh capital, while another 12 entities have received preliminary approvals for consolidation, the CBSL said.
February 8, 2022The finalised framework lowers the minimum market cap required of a SPAC listing to S$150mn from S$300mn proposed in SGX's March consultation.
September 3, 2021The ACCC has asked interested parties to submit their views regarding NAB’s proposed acquisition of Citigroup’s Australian consumer banking business by 13 September.
August 31, 2021Subject to regulatory approvals from the Treasury, APRA and the ACCC, the acquisition is expected to be complete by March 2022.
August 11, 2021The FCA will remove the presumption of suspension at the point when an acquisition target is identified, for SPACs that meet certain criteria.
July 28, 2021The FCA proposes to exempt SPACs that identify an acquisition target from being suspended, if they have certain investor protections in place.
May 4, 2021The consultation will consider enhanced disclosure requirements, a minimum market cap and a redemption option for investors.
April 7, 2021At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC's acquisition of a target company.
April 2, 2021The acquisition will provide Cboe with a single point of entry into Australia and Japan and bring block trading capabilities to the APAC region.
March 28, 2021