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Hot Topic Budget 25
General Business
3 mins to read
4

ANZ sells UDC Finance at last

The asset finance and car loan specialist is being bought by a Japanese group.

Maria Slade Tue, 02 Jun 2020

ANZ has sold its asset finance company UDC to a Japanese-based financial services group for $762 million.

The purchase by Shinsei Bank Group follows an abortive effort two years ago to sell the business asset finance and car loan specialist and then the canning of a prospective float the same

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Maria Slade Tue, 02 Jun 2020
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
General Business

Profits up at UDC as sale process kicks on
General Business
3

ComCom targets UDC over excessive fees
2

ANZ Bank deal to sell UDC Finance to HNA not proceeding

ANZ sells UDC Finance at last
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