ANZ to buy Suncorp Bank
Shares in trading halt while bank undertakes bookbuild for a $3.9b capital raise.
ANZ is launching a capital raise.
Maria Slade
Mon, 18 Jul 2022
ANZ Banking Group has agreed to buy Australia's Suncorp Bank for A$4.9 billion ($5.4b).
It has requested a trading halt of its shares while it undertakes a bookbuild for a A$3.53b ($3.9b) capital raise.
Meanwhile, it has pulled out of talks to buy accounting software firm MYOB.
The purchase of
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Maria Slade
Mon, 18 Jul 2022
Contact the Writer: maria@nbr.co.nz
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ANZ to buy Suncorp Bank
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