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Category: Suncorp

ANZ to Take Over Suncorp’s Banking Business in $4.9 Billion Deal

July 17, 2022 admin

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Australia’s Suncorp Group has announced that it has accepted a $4.9 billion (US$4.02 billion) deal to take over its banking business from ANZ, one of the big-four lenders in the country. The transaction represents $3.21 per share and is expected to yield net proceeds of $4.1 billion for Suncorp after deducting relevant transaction costs. According…

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Category: Suncorp

ANZ to Take Over Suncorp’s Banking Business in $4.9 Billion Deal

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