Investment banks have lobbed proposals to the owners of the Retire Australia Holdings Pty Ltd. after they ran a beauty parade just over a week ago to find an adviser. It is understood that the proposals were submitted around March 11, 2022 and an appointment is imminent. The talk in the market is that Brookfield made some early inquiries about an acquisition of RetireAustralia through its Aveo Group Limited business, which may have prompted owners Infratil Limited (NZSE:IFT), managed by Morrison & Co, and NZ Super Fund to explore sale options.
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