SUN 3.63% $17.41 suncorp group limited

Reasons for sharp selloff after results, page-21

  1. 34,118 Posts.
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    Read about ASIC investigating all the “general”, Australian term for “property and casualty”, insurers, SUN is a general insurer, you know, so of course SUN Is being investigated like IAG has been.

    ACCC ruled against both SUN and ANZ actually.

    it is a deal, not a one sided decision.

    have a read of the anti-trust decision.

    SUN can not sell Suncorp Bank to ANZ so it is incorrect to say ACCC ruled against ANZ.

    That is simply not correct and is false.
    Last edited by JCoure: 28/08/23
 
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