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24 Dec 2025 15:27
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      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

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     Top Stories

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    Aussie surprise packet Joe Comito has lost his second round World Darts Championship clash against Northern Ireland's Josh Rock in London More...

    BUSINESS BUSINESS
    Christmas Eve has once again claimed the title of the busiest shopping day of the year - but shoppers are still keeping a tight hold on their wallets More...


     Today's News

    		 Entertainment:
    Danielle Fishel has "a lot to be grateful for" after completing her breast cancer treatment 15:20

     Business:
    Christmas Eve has once again claimed the title of the busiest shopping day of the year - but shoppers are still keeping a tight hold on their wallets 14:57

     Entertainment:
    Lily Collins asked for some "grace" when filming the new series of Emily In Paris because she was "very tired" as a new mother 14:50

     Law and Order:
    Fire and police investigators are looking into the cause of a fatal house fire in New Plymouth in the early hours of this morning 14:47

     Politics:
    'Fake' letter and 'false claims' among latest Epstein files, US Justice Department says 14:27

     Entertainment:
    Finn Wolfhard credits Joe Keery as a "huge influence" on his passion for music 14:20

     Rugby:
    Aussie surprise packet Joe Comito has lost his second round World Darts Championship clash against Northern Ireland's Josh Rock in London 14:07

     Entertainment:
    Prosecutors in Los Angeles have vowed to "pursue justice" following the "shocking and tragic" murder of Rob Reiner and his wife 13:50

     Health & Safety:
    New data suggests free routine dental care for under-18s is being underfunded by around 60-million-dollars 13:47

     Motoring:
    Auckland's New North Road in Kingsland's blocked, after a pickup truck's collided with several vehicles 13:27

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