IOOF Plans A$1 Billion Raising to Buy NAB’s Wealth Unit

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Aug 31 2020, 4:22 AMAug 31 2020, 5:22 AMAugust 31 2020, 4:22 AMAugust 31 2020, 5:22 AM

(Bloomberg) -- IOOF Holdings Ltd. is seeking to raise A$1 billion ($737 million) to buy National Australia Bank Ltd.’s wealth management unit, according to people familiar with the matter