The logo of the ANZ Bank is seen at Lambton Quay, in Wellington, New Zealand Nov 10, 2022. REUTERS/Lucy Craymer/File photo Australia's competition regulator said on Friday it had denied authorization for ANZ Group Holdings to proceed with its proposed A$4.9 billion ($3.21 billion) acquisition of Suncorp Group's banking arm. The Australian Competition and Consumer Commission (ACCC) said it was not satisfied that the acquisition would not lessen competition in the supply of home loans to Australian customers.

https://business.inquirer.net/413987/australian-competition-regulator-rejects-3-2-b-anz-suncorp-bank-deal

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