Brief: Fiducian Selected As Successful Bidder To Acquire PCCU'S Financial Planning Business

Fiducian

02/11/2021 23:13

Nov 3 (Reuters) - Fiducian Group Ltd  FID.AX :
    * SELECTED BY PEOPLE'S CHOICE CREDIT UNION AS SUCCESSFUL
BIDDER TO
ACQUIRE PCCU'S FINANCIAL PLANNING BUSINESS
    * WILL PAY A$12.6 MILLION FROM INTERNAL CASH RESOURCES
    * TOTAL FUNDS UNDER MANAGEMENT, ADMINISTRATION & ADVICE
(FUMAA),
POST-ACQUISITION WILL INCREASE TO A$12.3 BILLION

Source text for Eikon:  ID:nASX9tcDYr 
Further company coverage:  FID.AX 

 ((Reuters.Briefs@thomsonreuters.com;))