ANZ vowed to fight for Suncorp Bank after the competition regulator blocked its attempt in June. The ACCC had raised fears the acquisition would “further entrench an oligopoly” and lead to reduced competition in home loans, and agribusiness and business banking in Queensland.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
