Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia

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Friday, May 9, 2025
Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia
Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia

Emerging risks | Growth opportunities | APAC insurance

Friday, 9 May 2025
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Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia

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ACCC blocks ANZ’s acquisition of Suncorp’s banking arm, citing competition concerns

The Australian Competition and Consumer Commission recognised Suncorp would benefit from focusing on insurance, but denied the acquisition due to concerns over increased mortgage rates and weakened competition among smaller banks.
Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia

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Accc blocks anzs acquisition of suncorps banking arm citing competition concerns rein asia

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