Bendigo and Adelaide Bank advised on new partnership
Two firms have advised on a strategic partnership between Bendigo and Adelaide Bank and Equity Trustees.
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Firms: Allens (Bendigo and Adelaide Bank); King & Wood Mallesons (Equity Trustees)
Area: Banking and finance
Key players: The legal team advising Bendigo and Adelaide Bank was led by partner Emin Altiparmak (pictured), with assistance from senior associate Georgie Korman and lawyer Dale Straughen.
Deal significance: The partnership between Bendigo and Adelaide Bank and Equity Trustees includes a five-year referral arrangement through which Equity Trustees will provide estate planning, management and administration support for Bendigo and Adelaide Bank customers throughout Australia.
“We congratulate Bendigo and Adelaide Bank on this strategic partnership and divestment,” said Allens partner Emin Altiparmak.
“The sale of the estates business, which dates back to the 1880s, presents significant opportunities for both parties and continues the trend of consolidation in this sector.
“We're excited to work with Bendigo and Adelaide Bank as it continues to find new ways to create value for its customers and shareholders.”
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Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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