ANZ Bank (ANZ AU) Nixes MYOB, Yeas SunCorp Bank, To Raise A$3.5bn of Equity

485 Views18 Jul 2022 15:43
ANZ will issue A$3.5bn of equity - an insto block and a tradable rights offer to retail - to buy #7 bank SunCorp Bank. It adds heft, but the ACCC may not welcome it. Buy ANZ discounted anyway.
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