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Investment
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UDC heads in premium direction with new acquisition

Asset finance company, formerly owned by ANZ, makes first purchase in 30 years with task to grow business into a major lender.

UDC chief executive Wayne Percival speaks with Jonathan Mitchell

Asset finance company UDC has made its first major acquisition in three decades as it looks to scale up as a major lender in New Zealand.

UDC has bought the business and assets of European Financial Services, Euro Rate Finance and European Wholesale Finance in August. A recently released Overseas

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Contact the Writer: jmitchell@nbr.co.nz
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UDC heads in premium direction with new acquisition
Investment,
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