ANZ pockets $135m dividend from UDC
Accounts note $3.5m contingency for repaying overcharged interest.
NBR staff
Wed, 09 Dec 2020
Finance company UDC has paid a $135 million dividend to ANZ Bank ahead of its purchase by Japanese financial services group Shinsei Bank.
Accounts filed to the Companies Office note the sale to Shinsei was completed on September 1 and UDC now has no New Zealand-based directors, with four of its
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NBR staff
Wed, 09 Dec 2020
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