IOOF bid signals M&A return

The Trust Company now is the subject of three competing takeover offers, the latest from IOOF

If ever there was an indication that the stockmarket was looking healthier, it is with the recent uptick in capital raisings and acquisitions.

Duet’s (DUE) raising was snapped up overnight and this morning, yet another bid for the Trust Company (TRU) has lobbed, this time from IOOF (IFL).

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