National Australia Bank struck an in-principle agreement with IOOF Holdings for the sale of North wealth management platform, The Age reported. NAB also reached agreement with DST Global Solutions, the technology company behind the platform. NAB hopes the sale of North - owned by its target, Axa Asia Pacific - will help steer a revised bid for Axa AP past a resistant Australian Competition and Consumer Commission. NAB first bid for Axa AP in December 2009. The ACCC blocked the bid in April.NAB entered into a multi-year outsourcing deal with IOOF under which funds will continue to be placed under administration on the North platform, The Age reported. IOOF for its parts undertook to continue to support investments in the development of North, meeting key concerns of DST.NAB expects to finalise the revised structure of its acquisition of Axa AP for submission to the ACCC within two weeks.