SUN 0.42% $16.46 suncorp group limited

Ann: AXX: ACCC deny authorisation for ANZ to acquire Suncorp Bank, page-4

  1. 5,518 Posts.
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    It's not a surprise, to be honest. BEN is clearly interested in a merger with SUN Bank so when the ACCC made a decision on competition they considered 2 options. 1. SUN continues to run the bank as is and 2. Merge with BEN which is a realistic option.

    Nothing unusual or surprising here.
 
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