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8303 - Shinsei Bank News Story

¥1194 8.0  0.7%

Last Trade - 07/08/20

Mid Cap
Market Cap £1.97bn
Enterprise Value £4.81bn
Revenue £2.70bn
Position in Universe 363rd / 3862

ANZ to sell NZ asset finance unit to Shinsei Bank for $479 mln

Tue 2nd June, 2020 12:43am
June 2 (Reuters) - Australia and New Zealand Banking Group
 ANZ.AX  on Tuesday agreed to sell its New Zealand based asset
finance unit for NZ$762 million ($479 million) to Japanese
financial institution Shinsei Bank Ltd  8303.T . 
    The sale provides about A$439 million ($298.08 million) of
Level 2 Group CET1 capital, the lender said in a statement. 

($1 = 1.5911 New Zealand dollars)
($1 = 1.4728 Australian dollars)

 (Reporting by Shreya Mariam Job in Bengaluru)
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