SUN suncorp group limited

News: SUN Suncorp Group posts FY Cash Earnings Of A$1,254 Million, page-6

  1. 1,378 Posts.
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    From the presentation:

    "Inparticular, the Group now expects the separation and other costs to increase from $500 million to between $575 million to $600million given the delay in completion as well as further clarity on the programme requirements. The Group will work through thedetails of these costs and update the market once details are refined."

    In other words, we want to sell the bank at any cost. Wasting shareholders funds.
 
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