IFL 1.96% $2.60 insignia financial ltd

Ann: Investor presentation - IOOF FY 2018 results, page-103

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    Given costs associated with them, big deals typically have associated break fees to recompense the party impacted by a unilateral decision from the other to pull out. I have not looked at the contract details, but I expect one is or should be there. If so, ANZ might be up for such a payment if the One Path trustee agitates in a way that derails the deal...
    I've held since demutualisation, bought more in the SPP (d'oh), looking at getting a few more still. I've appreciated the discourse on the threads, thanks all.
 
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