Credit reporting agency Veda is set for an initial public offering before Christmas, according to a report in the Australian Financial Review. The on again off again float will raise about A$340 million. The report said that joint underwriters Citi and UBS have secured cornerstone investors. RHG and the Resimac bidding syndicate have completed amendments to their merger implementation deed, following an agreement last week over a revised Resimac offer for RHG. Resimac's offer for RHG is now 50.1 cents a share - all cash. In an announcement to the Australian Securities Exchange yesterday, RHG said its directors had unanimously agreed to accept the terms of the revised offer, having determined that it was superior to the rival offer from Pepper. Comparison website company iSelect has signed a deal with Qantas Frequent Flyer that will allow iSelect customers to earn QFF points when they purchase health insurance ad energy products. The two companies announced a three-year deal yesterday. QFF members will earn one point for every dollar they spend on the first year of a private health premium purchased through iSelect. Macquarie Group is working on a bid for the UK fund manager Scottish Widows Investment Partnership, which has A$240 billion of funds under management, acceding to a report in the Australian Financial Review. Scottish Widows is being sold by Lloyds Group, which recently sold its Australian corporate loan portfolio and vehicle finance business to Westpac.