Breakfast Deals: Trust issues

Latecomer IOOF looks like one front-runner to take over The Trust Company, while Nathan Tinkler's assets may now be worth $50 million.

As the competition watchdog nears a decision on Perpetual’s proposed takeover of The Trust Company, another bidder has entered the fray – IOOF. The market is offering some insights as to who is in the box seat in what is now a three-way battle. Elsewhere, Nathan Tinkler sees another asset go down in flames, the ACCC clears a renewal of Virgin’s deal with Air New Zealand, there’s further uncertainty at Billabong, Australia’s IPO drought nears breaking point and major deals overseas imply a more bullish business environment.

IOOF, Perpetual, Equity Trustees, The Trust Company



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles