News | Business
5 Jul 2020 9:38
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • 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.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     05 Jul: A fire has caused significant damage to a commercial and residential building in Dunedin
     05 Jul: There's been a large fire in a multi-storey building in a commercial area of Dunedin
     03 Jul: More funding has been announced for the arts sector ..
     03 Jul: There's a lot of uncertainty facing the country's shovel-ready projects
     03 Jul: Beauden Barrett's set to exercise a sabbatical clause to play rugby for the Suntory club in Japan
     03 Jul: It's the coldest morning of the year for many parts of the country
     02 Jul: Reassurances the United States can't stop us from accessing medication
     Top Stories

    RUGBY RUGBY
    The Crusaders showed their clinical side en route to beat the Highlanders 40-20 in their Super Rugby Aotearoa match in Dunedin More...


    BUSINESS BUSINESS
    A fire has caused significant damage to a commercial and residential building in Dunedin More...



     Today's News

    Motorsports:
    Scott Dixon has cruised to victory at the latest IndyCar series race in Indianapolis 9:36

    Entertainment:
    Ellie Goulding feared she'd lost her songwriting ability while making her new album 9:27

    Business:
    A fire has caused significant damage to a commercial and residential building in Dunedin 9:26

    Entertainment:
    Rob Kardashian has been "taking really good care of himself" in recent months 8:57

    Rugby:
    The Crusaders showed their clinical side en route to beat the Highlanders 40-20 in their Super Rugby Aotearoa match in Dunedin 8:56

    Entertainment:
    Dua Lipa and Anwar Hadid have "made the most" out of their time together in lockdown 8:27

    Living & Travel:
    A female tiger has attacked and killed a 55-year-old zookeeper at Zurich's Zoo 8:06

    Entertainment:
    Sia once stepped in to stop Maddie Ziegler getting on a plane with disgraced movie mogul Harvey Weinstein 7:57

    Basketball:
    The Otago Nuggets have toppled the Canterbury Rams 87-77 in their National Basketball League match in Auckland 7:56

    International:
    Australian researchers find new clues to Genghis Khan's world 7:56


     News Search






    Power Search


    © 2020 New Zealand City Ltd