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
April 4 (Reuters) - Australia's ACCC: RELEASED A STATEMENT OF...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.35 |
Change
0.040(0.20%) |
Mkt cap ! $22.01B | |||
| Open | High | Low | Value | Volume |
| $20.31 | $20.41 | $20.28 | $5.579M | 274.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1603 | $20.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.36 | 1950 | 20 |
View Market Depth
| Last trade - 13.19pm 28/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |