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RN Breakfast

@RNBreakfast

This account has been archived as of August 2023. Follow @abcnews and @abcaustralia to stay in touch.
Australia abc.net.au/radionational/… Joined February 2009
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RN Breakfast @RNBreakfast
The ACCC has blocked a $4.9 billion acquisition of Suncorp's banking arm by ANZ, on the grounds that it would substantially reduce competition in the banking sector.

ANZ has indicated that it will appeal the ruling.

abc.net.au/radionational/…
www.abc.net.au ACCC blocks ANZ's takeover of Suncorp - ABC listen Australia's competition regulator the ACCC has blocked a $4.9 billion acquisition of Suncorp's banking arm by ANZ, on the grounds that it would substantially reduce competition in the banking sector....