Australian Bank Buys Kiwi Wealth Manager

Acquisitive Australian investment bank Babcock & Brown has bought into New Zealand’s consolidating financial sector, through its interest MFS, paying NZ$52.5 million for Kiwi wealth planning group, Northplan.....

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By: Lachlan Colquhoun
December 11, 2006
Acquisitive Australian investment bank Babcock & Brown has bought into New Zealand’s consolidating financial sector, through its interest MFS, paying NZ$52.5 million for Kiwi wealth planning group, Northplan.....