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(Recasts headline and lead paragraph with reported buyout offer and price)
SYDNEY, July 17 (Reuters) - Australia and New Zealand Banking Group has offered to buy insurer Suncorp Group's banking unit for around A$5 billion ($3.40 billion), in what could be Australia's biggest banking deal in more than a decade, local media reported.
ANZ and Suncorp were locked in late-stage talks on the weekend, with the deal for Suncorp Bank expected to be announced on Monday morning, the Australian Financial ...
>>> Read more: UPDATE 1-Australia's ANZ offers to buy Suncorp Bank for $3.4 bln-media
SYDNEY, July 17 (Reuters) - Australia and New Zealand Banking Group has offered to buy insurer Suncorp Group's banking unit for around A$5 billion ($3.40 billion), in what could be Australia's biggest banking deal in more than a decade, local media reported.
ANZ and Suncorp were locked in late-stage talks on the weekend, with the deal for Suncorp Bank expected to be announced on Monday morning, the Australian Financial ...
>>> Read more: UPDATE 1-Australia's ANZ offers to buy Suncorp Bank for $3.4 bln-media
