Picture: Suburban street scene, Australia |
"Japanese firms have demonstrated an appetite for building their prescence in Australia's financial scene...Nikko Asset Management snaffled the assets of Suncorp Group in 2010, the same year Dai - Ichi (Life Insurance) bought out the remainder of Tower Australia (in a $1.6 Billion deal)"
Source: National Australia Bank touts MLC risk book
Street Talk
Australian Financial Review
Thursday 3rd April 2014, page 22