DataRoom AM: Wesfarmers weighs AMP

Wesfarmers is looking to expand into finance, while NAB is expected to reveal details of how it plans to offload its UK operations.

With the largely successful takeover of Coles now bedded into its fabric, WA-based conglomerate Wesfarmers is believed to be testing the waters on a deal that would shake up the finance sector and outline the true strength of its balance sheet.

Elsewhere, National Australia Bank appears ready to ditch its UK operations, Morgan Stanley weighs a complicated Investa exit and Nine Entertainment returns to the auction of oOh!Media.


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