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Flat White

Should ANZ be allowed to buy Suncorp Bank?

1 March 2024

7:34 PM

1 March 2024

7:34 PM

As I’m writing this article, I have one eye on the ANZ share price. I’ve watched it drop more than 3 per cent. What is the trigger?

The Australian Competition Tribunal (ACT) has awarded ANZ a legal victory, and the major bank is now able to make good on its proposed acquisition of Queensland-based bank, Suncorp Bank, which is owned by the Suncorp Group.

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