IAG, Allianz eyeball Royal Automobile Club WA; buy-side mandates fly

The Australian Financial Review
03-04

It’s heads down at two Wall Street investment banks as the Royal Automobile Club of Western Australia sale process springs into action.

Street Talk reported last year the 119-year-old insurer had tapped Barrenjoey’s financial services banker Anthony Brasher to run a strategic review of its insurance arm. Now, we can reveal that buy-side mandates have landed in Sydney.

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