ANZ 0.82% $31.45 anz group holdings limited

Ann: Acquisition and Equity Raising Investor Pack, page-93

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  1. 5,555 Posts.
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    Sh's usually support in principle their companies to expand by acquisition, assuming due diligence, synergies, accretive earnings, proper funding and so on. For ANZ, the business has been inexorably and worryingly shrinking (look at sp) with reduced earnings, stagnant or declining dividends, core business tanking and more. Now we that green woke CEO out there, paying well over the true value of a troubled bank in an effort to bolster the mortgage business. SUN care barely contain their good forune at off loading the bank for that price of nearly $5Bn.
 
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