Aug 31 (Reuters) - National Australia Bank Ltd (NAB) :
- NAB ANNOUNCES AGREEMENT TO SELL MLC WEALTH TO IOOF-NAB.AX
- EXPECTED TO RECEIVE ABOUT $220 MILLION OF SURPLUS CASH FROM MLC IN FORM OF A PRE-COMPLETION DIVIDEND
- TRANSACTION IS ESTIMATED TO RESULT IN A POST-TAX LOSS ON SALE OF ABOUT $400 MILLION
- ON A PRO FORMA 30 JUNE 2020 BASIS, NAB GROUP’S CORE EQUITY TIER 1 CAPITAL EXPECTED TO INCREASE BY ABOUT 30BPS
- DEAL EXPECTED TO RESULT IN A PRO FORMA CET1 RATIO OF ABOUT 11.9%, MODEST UPLIFT IN NAB'S ROE
News: NAB National Australia Bank Announces Agreement To Sell MLC Wealth To IOOF
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Last
$38.44 |
Change
-0.470(1.21%) |
Mkt cap ! $117.7B | |||
| Open | High | Low | Value | Volume |
| $38.47 | $38.56 | $38.16 | $170.4M | 4.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 950 | $38.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.44 | 500 | 1 |
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| NAB (ASX) Chart |