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  1. www.reuters.com › markets › dealsAustralia approves ANZ's $3.3 bln buyout of Suncorp Bank

    Jun 27, 2024 · Australia on Friday gave the go-ahead for ANZ Group's A$4.9 billion ($3.26 billion) buyout of Suncorp's banking business, clearing the deal to proceed after almost two years of scrutiny by ...

  2. www.suncorpgroup.com.au › news › newsSuncorp welcomes approval of bank sale from Federal Treasurer

    Jul 1, 2024 · Suncorp Group Limited (ASX: SUN | ADR: SNMCY) welcomes the Federal Treasurer’s approval of the proposed purchase of Suncorp Bank by ANZ Banking Group under the Financial Sector (Shareholdings) Act (FSSA).

  3. www.inqld.com.au › business › 2024/07/09ANZ's $4.9 billion takeover of Suncorp Bank to be completed by...

    Jul 9, 2024 · ANZ’s $4.9 billion acquisition of Suncorp’s banking arm will be complete at month’s end following the merger receiving the last authorisation required.

  4. www.morningstar.com.au › insights › stocksANZ deal for Suncorp Bank a done deal - morningstar.com.au

    Jun 29, 2024 · The Federal Treasurer has approved wide-moat ANZ Group’s (ASX: ANZ) acquisition of Suncorp Bank from no-moat Suncorp (ASX: SUN), the final hurdle on a deal announced back in July 2022. No direct job losses for three years is a commitment which was already made by ANZ, with the Treasurer adding additional conditions that Suncorp maintains ...

  5. theedgemalaysia.com › node › 717225Australia approves ANZ's US$3.3b buyout of Suncorp Bank

    Jun 28, 2024 · Australia on Friday gave the go-ahead for Australia and New Zealand Banking Group's (ANZ) A$4.9 billion (US$3.26 billion or RM15.37 billion) buyout of Suncorp's banking business, clearing the deal to proceed after almost two years of scrutiny by financial regulators and treasury.

  6. www.9news.com.au › national › banking-anz-suncorp-mergerSuncorp to merge with ANZ as $4.9 billion deal gets green light -...

    Jun 28, 2024 · Treasurer Jim Chalmers has approved ANZ 's $4.9 billion purchase of Suncorp's banking arm in a major step towards finalising the banking merger two years in the making.

  7. www.mpamag.com › au › newsSuncorp Bank to merge with ANZ on August 1

    Jul 9, 2024 · ANZ has announced that August 1 will be the official date the major bank will welcome Suncorp Bank into the fold, signalling the formal completion of the Queensland organisation’s acquisition.