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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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ANZ sells UDC Finance at last
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