SUN suncorp group limited

Ann: Sale of Suncorp Bank - Presentation, page-8

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    The Transaction is expected to yield net proceeds of $4.1 billion, representing $3.21 per share. The indicative proceeds are net of the impact of separation costs, transaction costs, other divestment related costs and provisions indicative capital gains. "Consistent with the approach taken in previous divestments, the current intention is to return the majority of proceeds to shareholders," said Suncorp.
 
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