Competition regulator blocks ANZ takeover of Suncorp
ANZ’s plans to buy Suncorp’s banking arm have been dealt a massive blow after an intervention from the competition watchdog.
ANZ had planned to take over Suncorp’s banking arm in an effort to claw back ground against its rivals following the pandemic, in a deal worth around $4.9 billion.
You could be right RC, ANZ might have AMP bank on their radar now.
Competition regulator blocks ANZ takeover of Suncorp ANZ’s plans...
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