Bendigo and Adelaide Bank has disputed Suncorp chief executive Steve Johnston’s claims about events surrounding ANZ’s proposed $4.9 billion takeover of the Queensland-based institution’s bank.
In a submission to the Australian Competition and Consumer Commission, Bendigo has alleged that Mr Johnston’s evidence was “inconsistent” with earlier talks between Suncorp and Bendigo about a merger.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
