Apex Group to acquire New Zealand’s MMC

Apex Group has proposed the acquisition of MMC, one of New Zealand’s leading providers of investment administration services. The transaction is subject to customary conditions, including regulatory approvals expected to be granted in early 2022. MMC’s clients will benefit from the Apex’s global, cross-jurisdictional reach and range of additional services including digital banking, global compliance solutions and ESG ratings, as well as the ability to access new markets through its globally connected operating model. Please read the full press release here.