IFL 1.59% $3.09 insignia financial ltd

News: IFL IOOF Divests New Zealand-Based IOOF Integral Master Trust

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    April 16 (Reuters) - IOOF Holdings Ltd (IFL) :

    • IOOF DIVESTS NEW ZEALAND-BASED IOOF INTEGRAL MASTER TRUST-IFL.AX
    • AT 31 MARCH 2020, IMT HAD ABOUT A$553 MILLION OF FUNDS UNDER ADMINISTRATION
    • IOOF NEW ZEALAND ENTERED INTO AN AGREEMENT TO SELL ALL CLIENT RIGHTS RELATING TO IOOF INTEGRAL MASTER TRUST
    • SALES PROCEEDS AND CONTRIBUTION TO IOOF'S UNDERLYING NET PROFIT AFTER TAX OF IOOF NZ ARE NOT MATERIAL
    • IOOF NEW ZEALAND'S SALE OF IOOF INTEGRAL MASTER TRUST IS TO BRITANNIA FINANCIAL SERVICES

    Source text https://reut.rs/34GL2Gk

    (([email protected];))

 
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