The playbook at ANZ Banking Group only gets more surreal.
It always helps that chief executive Shayne Elliott looks like a character Quentin Blake would’ve drawn for Roald Dahl, but it verges on the realm of fantasy that an ASX 10 company would disclose $4.5 billion takeover talks one week, then start the next week by launching the $5 billion takeover of an entirely different target.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
