Five investment banks are locked in a pitching battle to advise Aveo Group on the strategic review of its retirement business.
Street Talk understands BAML, Credit Suisse, Goldman Sachs, Macquarie Capital and Morgan Stanley have all been asked for their ideas, with one bank to be mandated by the end of next week.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
