AUB enters binding agreement to purchase Tysers for A$880mn
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AUB enters binding agreement to purchase Tysers for A$880mn

Luke Harrison
09 May 2022
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AUB has entered a binding agreement with sellers Odyssey Investment Partners to acquire 100% of broking house Tysers for A$880mn ($620mn), following a protracted sales process.

An additional deferred consideration of up to $A176mn may also be payable two years after completion, subject to Tysers reaching agreed revenue-growth targets.

The

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Topics

Tysers News M&A
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Luke Harrison
Reporter
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