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

AUB Tysers 2.jpg

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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