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Australia’s ANZ offers to buy Suncorp Bank for USD3.4B

SYDNEY (CNA) – Australia and New Zealand Banking Group (ANZ) has offered to buy insurer Suncorp Group’s banking unit for around AUD5 billion (USD3.40 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
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