Dec 16 (Reuters) - Commonwealth Bank of Australia (CBA) said on Wednesday it would sell a majority stake in its home loan business to Lendi via creation of a combined company, creating one of the largest mortgage broker networks in Australia.
Australia's largest bank will retain 45% of the combined company, with Lendi holding the rest. CBA expects a pre-completion dividend of A$105 million ($79.34 million).
($1 = 1.3235 Australian dollars)
Dec 16 (Reuters) - Commonwealth Bank of Australia (CBA) said on...
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Last
$169.83 |
Change
0.750(0.44%) |
Mkt cap ! $284.2B | |||
| Open | High | Low | Value | Volume |
| $170.24 | $171.49 | $169.28 | $192.1M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $169.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $169.83 | 198 | 2 |
View Market Depth
| Last trade - 16.12pm 27/08/2025 (20 minute delay) ? |
| CBA (ASX) Chart |