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SYDNEY, July 17 (Reuters) - Australia and New Zealand Banking Group is closing in on a deal to buy the banking unit of insurer Suncorp Group, in what could be Australia's biggest banking deal in more than a decade, domestic media reported.
ANZ and Suncorp were locked in late-stage talks on the weekend, the Australian Financial Review (AFR) said in a report on Saturday, citing sources involved in the talks.
The deal will involve "a big cash offer" from ANZ, the fourth-largest lender in Australi...
>>> Read more: Australia's ANZ in advanced talks to buy Suncorp's banking arm-media
ANZ and Suncorp were locked in late-stage talks on the weekend, the Australian Financial Review (AFR) said in a report on Saturday, citing sources involved in the talks.
The deal will involve "a big cash offer" from ANZ, the fourth-largest lender in Australi...
>>> Read more: Australia's ANZ in advanced talks to buy Suncorp's banking arm-media
