MBO at AOT Australia

30 Aug 2004

Executives at AOT Australia have negotiated a management buyout from Netherlands based Binck.The new owners of AOT Australia are the firm's directors and senior management, including md Tony Adams and chairman Mark Morris....

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.