Topic | Mergers & acquisitions | Brisbane Times

We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.

Mergers & acquisitions

Advertisement
‘Project Galileo’: Inside ANZ’s $4.9 billion play for Suncorp’s bank

‘Project Galileo’: Inside ANZ’s $4.9 billion play for Suncorp’s bank

ANZ Bank’s pursuit of Suncorp’s banking unit has been seven years in the making and will make ANZ the third-biggest mortgage lender in the country.

  • by Clancy Yeates

Latest

Navigating the booby traps hidden in ANZ’s deal to buy Suncorp Bank
Opinion
Opinion

Navigating the booby traps hidden in ANZ’s deal to buy Suncorp Bank

ANZ doesn’t want to leave anything to chance, and it’s prepared to invest its way to the Queensland government’s approval.

  • by Elizabeth Knight
Woolies forks out $150m for targeted ad company Shopper Media

Woolies forks out $150m for targeted ad company Shopper Media

The co-founder of targeted advertising company Shopper Media says the deal is ‘bittersweet’ after losing his co-founder at the start of 2022.

  • by Emma Koehn
ANZ’s move to buy Suncorp’s banking arm for $4.9 billion to face intense scrutiny
Updated
ANZ Bank

ANZ’s move to buy Suncorp’s banking arm for $4.9 billion to face intense scrutiny

The deal, one of the biggest in the banking sector in years, will need the green light from the consumer watchdog and federal Treasurer Jim Chalmers, as well as amendments to Queensland legislation.

  • by Simone Fox Koob and Clancy Yeates
‘Makes more sense’: Investors back ANZ play for Suncorp assets as MYOB deal put on ice

‘Makes more sense’: Investors back ANZ play for Suncorp assets as MYOB deal put on ice

Shareholders in ANZ Bank have endorsed any move by the lender to acquire banking assets from Suncorp, as the big four bank looks to expand its share in retail banking.

  • by Clancy Yeates
ANZ Bank eyes off MYOB in battle for customer data

ANZ Bank eyes off MYOB in battle for customer data

ANZ Bank is eyeing off a potential multibillion dollar buyout of MYOB, as it looks to get its hands on more customer data and win business clients.

  • by Clancy Yeates and Simone Fox Koob
Advertisement
‘Trashed’ Twitter sues Elon Musk to make him complete $65b takeover

‘Trashed’ Twitter sues Elon Musk to make him complete $65b takeover

The court filing sets up what will be a closely watched legal battle between the world’s richest man and the social media platform.

  • by Jef Feeley
‘Nightmare scenario’: Looming legal battle with Musk hammers Twitter’s shares

‘Nightmare scenario’: Looming legal battle with Musk hammers Twitter’s shares

Shares of Twitter slid more than 11 per cent in the first day of trading after billionaire Elon Musk said that he was abandoning his $65 billion bid for the company.

The problem with Elon Musk’s high stakes plan to pull out of $US44bn Twitter deal

The problem with Elon Musk’s high stakes plan to pull out of $US44bn Twitter deal

Musk got the timing of his $US44bn offer for Twitter horrendously wrong. But now, he might have a very hard time wriggling out of it.

  • by Stephen Bartholomeusz
Elon Musk terminates multibillion-dollar Twitter deal

Elon Musk terminates multibillion-dollar Twitter deal

Tesla chief executive officer Elon Musk says he’s terminating his $US44 billion deal, citing material breach of multiple provisions of the agreement.

Elon Musk’s deal to buy Twitter in ‘serious jeopardy’

Elon Musk’s deal to buy Twitter in ‘serious jeopardy’

There are fresh fears that the deal may fall apart over the billionaire’s doubts that Twitter is accurately reporting the number of spam bots on the service.

  • by Kurt Wagner