IOOF Holdings to acquire 81.51% stake in DKN Financial Group - MarketLine Financial Deals

IOOF Holdings to acquire 81.51% stake in DKN Financial Group

IOOF Holdings to acquire 81.51% stake in DKN Financial Group - MarketLine Financial Deals
IOOF Holdings to acquire 81.51% stake in DKN Financial Group
Published Jun 14, 2011
3 pages — Published Jun 14, 2011
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Abstract:

DKN Financial Group Limited (DKN), a financial services solutions provider to wealth management practices, has received an unsolicited, indicative, non-binding proposal from IOOF Holdings Limited (IOOF) to acquire the remaining 81.51% stake in DKN for $88 million at a price of $0.75 per share in cash.

  
Source:
Document ID
MA67874_110623
Country
Ticker
IFL=AU
Ticker
DKN=AU
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "IOOF Holdings to acquire 81.51% stake in DKN Financial Group" Jun 14, 2011. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/IOOF-Holdings-to-acquire-81-51-stake-in-DKN-Financial-Group-2052-62959>
  
APA:
MarketLine Financial Deals. (2011). IOOF Holdings to acquire 81.51% stake in DKN Financial Group Jun 14, 2011. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/IOOF-Holdings-to-acquire-81-51-stake-in-DKN-Financial-Group-2052-62959>
  
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