Aug 27 (Reuters) - Trading in shares of IOOF Holdings (IFL) were halted on Thursday as per the request of the Australian wealth manager which said it would make an announcement of a 'potential significant transaction'.
The Australian Financial Review reported on Wednesday that the company was making a bid to buy National Australia Bank's (NAB) superannuation and wealth management arm, MLC Wealth, with a binding offer expected in coming weeks. (https://bit.ly/31BfWQx)
IOOF requested the Australian Securities Exchange to keep the trading halt in place until Aug. 31 or until it releases an announcement to the market, whichever came first.
News: NAB Australia's IOOF on trading halt ahead of 'significant' deal
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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 |
View Market Depth
| Last trade - 16.19pm 22/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |