News | Business
15 Dec 2025 7:08
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    ANZ has sold the finance company UDC for 762 million dollars, to Japans' Shinsei Bank

    ANZ has sold the finance company UDC for 762 million dollars, to Japans' Shinsei Bank


    The sale follows a strategic review of UDC - in line with ANZ's strategy to simplify its business.

    ANZ has said it intends to release more than 2 billion dollars, to strengthen its balance sheet.

    The UDC sale is subject to regulatory approval.

    ANZ's previous attempt to sell UDC Finance...to Chinese company HNA...was rejected a few years ago by the Overseas Investment Office.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     13 Dec: New Zealand's economy is set to expand next year, as several key indicators point to economic recovery
     13 Dec: Cattle farmers are sitting pretty as beef prices remain high - but consumers are feeling the pinch
     13 Dec: Warner Bros Discovery battle draws in billionaires, celebrities and Trump's son-in-law
     12 Dec: Kiwi's look to be opening their wallets wider than before
     12 Dec: Signs that green shoots are starting to flourish economically
     12 Dec: Faster, cheaper … but better? The devil in the resource management reform detail
     12 Dec: Twenty-three staff at Health New Zealand earned more than a million dollars in the last financial year
     Top Stories

    RUGBY RUGBY
    The Tauranga Whai have defended their Tauihi national women's basketball league title with a resounding 93-66 win over the Mainland Pouakai in the final in Christchurch More...

    BUSINESS BUSINESS
    New Zealand's economy is set to expand next year, as several key indicators point to economic recovery More...


     Today's News

    		 Entertainment:
    Best female actor - drama: 6:50

     Entertainment:
    Best male actor - drama: 6:20

     Law and Order:
    Police are investigating a body discovered in Tauranga 5:37

     Politics:
    Air New Zealand short-haul crew have withdrawn their strike notice for before Christmas 21:57

     Entertainment:
    Best female actor - musical or comedy: 21:50

     Entertainment:
    Best male actor - musical or comedy: 21:20

     Environment:
    Crews on the ground and in the air are fighting to put out a vegetation fire in rural Whanganui 21:17

     Entertainment:
    Best supporting female actor: 20:50

     Entertainment:
    Best supporting male actor: 20:20

     Law and Order:
    Two students killed, nine injured in shooting at Brown University — as it happened 20:17

     News Search




    Power Search

    © 2025 New Zealand City Ltd