NAB national australia bank limited

News: NAB National Australia Bank Announces Agreement To Sell MLC Wealth To IOOF

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    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
 
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(20min delay)
Last
$42.47
Change
0.080(0.19%)
Mkt cap ! $130.0B
Open High Low Value Volume
$42.10 $42.78 $42.09 $312.2M 7.484M

Buyers (Bids)

No. Vol. Price($)
1 47 $42.45
 

Sellers (Offers)

Price($) Vol. No.
$42.58 11000 1
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Last trade - 16.19pm 22/08/2025 (20 minute delay) ?
NAB (ASX) Chart
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