IFL insignia financial ltd

Ann: IOOF update on acquisition of ANZ P&I, page-5

  1. 176 Posts.
    like to hear some expert's opinions, but there are couple things are quite clear now.

    The ANZ acquisition will go ahead, APRA's will not appose, I do not know however the $825m is a set price now or will probably further be adjusted down.

    Quote from the ann

    "a purchase price of $825 million for ANZ P&I, revised down from $950 million, with the
    purchase price remaining subject to a completion adjustment for the net assets of ANZ P&I"

    With the picture becomes more clear, the shorter will need to cover very soon.



 
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