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By Scott Murdoch
SYDNEY (Reuters) - The head of Australia's competition watchdog said on Tuesday a tribunal overturning its decision to block ANZ Group's A$4.9 billion ($3.2 billion) proposed buyout of Suncorp's banking business showed the need for merger law reform in Australia.
The Australian Competition Tribunal on Tuesday said ANZ, Australia's fourth-largest bank by market capitalisation, could proceed with buying Suncorp's banking business despite the regulator blocking the deal in the mi...
>>> Read more: Australia's competition regulator says proposed ANZ-Suncorp merger shows need for reform
SYDNEY (Reuters) - The head of Australia's competition watchdog said on Tuesday a tribunal overturning its decision to block ANZ Group's A$4.9 billion ($3.2 billion) proposed buyout of Suncorp's banking business showed the need for merger law reform in Australia.
The Australian Competition Tribunal on Tuesday said ANZ, Australia's fourth-largest bank by market capitalisation, could proceed with buying Suncorp's banking business despite the regulator blocking the deal in the mi...
>>> Read more: Australia's competition regulator says proposed ANZ-Suncorp merger shows need for reform
