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ASB abandons Aegis sale
Wednesday 12th of January 2011
ASB head of group investments Laurie Mellsop said the bank had decided to withdraw from any further negotiations with Perpetual and that it "is not pursuing the sale of Aegis to any other party."
Perpetual Portfolio Management chief executive officer Patrick Middleton said ASB "decided they wanted to pull it from the market" just before Christmas.
"They've obviously made a c...
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