ANZ 0.38% $29.13 anz group holdings limited

April 4 (Reuters) - Australia's ACCC: RELEASED A STATEMENT OF...

  1. 189,476 Posts.
    lightbulb Created with Sketch. 2778

    April 4 (Reuters) - Australia's ACCC:

    • RELEASED A STATEMENT OF PRELIMINARY VIEWS ON ANZ BANKING GROUP'S PROPOSED ACQUISITION OF SUNCORP GROUP'S BANKING ARM
    • ALSO CONSIDERING HOW PROPOSED ACQUISITION WOULD AFFECT COMPETITION IN BANKING SECTOR MORE GENERALLY
    • CALLING FOR FURTHER SUBMISSIONS FROM INDUSTRY AND CONSUMERS ON HOW PROPOSED ACQUISITION MAY IMPACT COMPETITION
    • REVIEW SO FAR HAS BEEN FOCUSED ON HOME LOANS AND RETAIL DEPOSITS, AGRIBUSINESS BANKING AND SMALL AND MEDIUM SIZED ENTERPRISE BANKING
    • ACCC’S FINAL DECISION IS CURRENTLY SCHEDULED FOR 12 JUNE 2023
    • CAN ONLY GRANT AUTHORISATION IF IT IS SATISFIED IN ALL CIRCUMSTANCES THAT EITHER THERE IS NOT A LIKELY SUBSTANTIAL LESSENING OF COMPETITION
    • WILL CONCLUDE OUR REVIEW AND EXPECT TO ANNOUNCE OUR DECISION IN MID- JUNE
    • HOME LOAN PRICE INQUIRY REPORTS OF 2018 AND 2020 SHOWED COMPETITION BETWEEN BIGGEST FOUR BANKS HAS BEEN AT BEST MUTED
    • ANY ACQUISITION OF A POTENTIAL RIVAL BY ONE OF MAJOR BANKS MUST BE CLOSELY CONSIDERED
 
watchlist Created with Sketch. Add ANZ (ASX) to my watchlist
(20min delay)
Last
$29.13
Change
-0.110(0.38%)
Mkt cap ! $87.60B
Open High Low Value Volume
$29.24 $29.29 $29.03 $110.6M 3.802M

Buyers (Bids)

No. Vol. Price($)
2 8379 $29.12
 

Sellers (Offers)

Price($) Vol. No.
$29.14 15867 2
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
ANZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.