ANZ-Suncorp Deal

External CEO appointments typically reflect a board wanting change. ANZ chair says that's not the case with Shayne Elliott's replacement, Nuno Matos.

The bank is promising a simpler tech platform, lower risk and Suncorp acquisition benefits — but with margins tight, costs rising and competition fierce, will a new story help?

Reaction to the approval of ANZ's deal to buy Suncorp has been polarised with the market split between short and long term gratification (or disappointment).

The corporate dealmaking community was hoping for a better year after a difficult 2023. An early M&A flurry suggests that optimism may not be misplaced.

ANZ's win today before the Australian Competition Tribunal looked like a washout for the ACCC in its theories of competitive harm, but in some ways, the regulator couldn't lose.

ANZ had two chances to overturn an ACCC rejection of its bid for Suncorp Bank. It only needed one, with the Competition Tribunal waving the bid through.

ANZ will finally know tomorrow whether it will be allowed to buy Suncorp's bank. Bendigo and Adelaide Bank will be among those watching closely.

If there was substantial data on market power, merger benefits or competition in the ANZ-Suncorp merger hearings it was either redacted or heard behind closed doors.

Hearings in a competition review of ANZ's play for Suncorp Bank have ended today much how they started, with debates of uncertainty and in the weeds of semantics.

In the Federal Court on Thursday the competition regulator got its chance to defend its earlier decision to block ANZ's acquisition of Suncorp Bank.

The competition regulator says a merged ANZ-Suncorp would be 3.5x the size of its nearest rival outside the Big Four — Macquarie Bank.

Can smaller banks effectively compete in the home loan market with Australia's big four? According to one of the most prominent smaller lenders, the answer is no.

Bendigo & Adelaide Bank began its campaign for a merger with Suncorp Group's banking business in earnest in Australian Competition Tribunal hearings on Friday.

Day two of the big four bank's appeal of its rejected Suncorp Bank deal was all about market definitions. And fried chicken.

Hearings in the second biggest merger battle in town got underway today, with lawyers for ANZ making the case that the rejection of its Suncorp Bank acquisition should be overturned.

Bendigo & Adelaide Bank has reaffirmed its desire to buy Suncorp Group’s banking business, confirming in a submission to the Australian Competition Tribunal it should be considered a “counterfactual” alternative acquirer to ANZ.

Several banks have expressed concerns that critical competitive material including board papers and commercial decisions will be available to rivals as a result of ANZ's Suncorp Bank appeal.

The Sunshine State wants to have a say in ANZ's appeal of the ACCC's decision to knock back its Suncorp Bank takeover.

As ANZ and Suncorp eye an appeal over their rejected banking deal a key question remains unanswered: What role will Bendigo and Adelaide Bank play in the process?

ANZ's appeal of the competition regulator's decision to block its $4.9 billion bid for Suncorp Bank will face an extended timeline due to its complexity.

Explanatory notes on how ANZ's appeal of the ACCC's decision to knock back its Suncorp Bank purchase will work.