Why ANZ deal for Suncorp Bank must proceed
Queensland and thousands of ‘mum and dad’ investors are set to be the losers if Australia’s competition watchdog knocks back ANZ’s $4.9bn takeover of Suncorp Bank. The ACCC today put a spanner in the works for the ANZ’s proposed $4.9 billion takeover of Suncorp’s banking division. The ACCC said it will seek further comment on … [Read more…]