CompaniesFinancial ServicesMergers & acquisitionsPrint articleCBA to divest majority of Aussie in Lendi mergerJames FernyhoughReporterDec 16, 2020 – 2.10pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginCommonwealth Bank of Australia will divest 55 per cent of its holding in Aussie Home Loans in a deal that would merge the company with fellow mortgage broker Lendi.The deal, first reported by The Australian Financial Review's Street Talk column in November, will create a new mortgage broking firm with a nearly $80 billion loan book and 220,000 customers.Loading...James Fernyhough writes about telecommunications, insurance and financial services. He's based in the AFR's Melbourne office. Connect with James on Twitter. Email James at james.fernyhough@afr.com.auSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMergers & acquisitionsCommonwealth BankMatt ComynJohn SymondACCCLatest In Financial servicesFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy endBOSS Financial ReviewJun Bei Liu: How I learnt to speak upSally Patten and Lap Phan‘We’ll fight’: Alex Waislitz on family battles and bad betsJob appointments have never been purely merit-based: CEW chiefLife & LeisureThis machine can bring out the creative streak you never knew you hadJohn DavidsonThis data-driven wellness retreat is a haven for high-flyersNew Zealand pops its cork for one of the world’s great wine festivalsRich ListBillionaire Nicola Forrest appoints UBank boss to run family officePrimrose RiordanVictor Smorgon’s star fundie eyes 50pc returns for new fundForrest family powerbroker had alleged role in big Fortescue decisions
