I am not sure of the specifics but from face value it looks a bit like ANZ/ING reselling each other products to each others clients in addition to a Swiss group providing backline underwriting perhaps of the Insurance for OMP. In essence this would mean greater assurances of getting paid, and a broader market to sell to for all concerned with little cost to achieve new sales. With no specifics though we will just have to see how it all pans out.
OMP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held