SUN
Director Trades
| Date | Director | Value |
|---|---|---|
| S. Machell | $178,679 | |
| S. Herman | $99,965 | |
| I. Hammond | $200,235 | |
| G. Brown | $10,696 | |
| Ian Hammond | $1,969 | |
| Ian Hammond | $23,499 | |
| Sylvia Falzon | $3,980 | |
| Gillian Brown | $50,009 |
Company News
ANZ acquisition of Suncorp approved following Australian Competition Tribunal decision
After a lengthy wait, ANZ Group (ASX: ANZ) has finally received Australian Competition Tribunal (ACT) approval for its proposed $4.9 billion acquisition of Suncorp Group (ASX: SUN). ANZ initially entered into an agreement to purchase Suncorp in July 2022, however that move was halted by the Australian Competition and Consumer Commission’s (ACCC) decision not to […]
ANZ-Suncorp deal blocked by ACCC, cites oligopoly concerns
A frustrated Suncorp Group (ASX: SUN) has expressed disappointment at an Australian Competition & Consumer Commission (ACCC) decision to block the sale of its banking division to the ANZ (ASX: ANZ). The ACCC determined that the proposed acquisition had the potential to substantially lessen competition in the Australian home loan market. In her response, Suncorp […]
Coronado ends merger discussions with Peabody, Suncorp flooded with claims and Medibank remains calm despite threat
Queensland-based Coronado Global Resources (ASX: CRN) has ceased merger discussions with global coal giant Peabody Energy Corporation (NYSE: BTU). Both parties jointly agreed to end talks over a deal that was estimated to be worth more than $9 billion. Following the collapse in negotiations, Coronado’s share price tumbled around 5% at the start of the […]
Beach Energy to supply LNG to BP, Imugene trials show ‘positive signals’ and ANZ extends $200m funding program
Beach Energy (ASX: BPT) will sell 3.75 million tonnes of its LNG under a sale and purchase agreement (SPA) executed this week with oil and gas giant BP’s subsidiary BP Singapore. The Australian oil and gas company made the announcement Monday – saying it has agreed to sell 3.75Mt of LNG to BP, which brings […]
ANZ’s $4.9b bid for Suncorp Bank, Woolworths buys Shopper Media, and Worley wins services contracts with Saudi giant Aramco
Australia and New Zealand Banking Group (ASX: ANZ) has announced a $4.9 billion bid to acquire Suncorp Group’s (ASX: SUN) Suncorp Bank division, with the acquisition expected to accelerate growth of ANZ’s retail and commercial businesses, while expanding its presence across the east coast. The major bank entered a trading halt to raise $3.5 billion […]
There’s vroom to move for ASX-listed automotive stocks as motorists and bikers hit the road again
The sprawling ASX-listed automotive sector is one to watch this annual general meeting (AGM) season as holidaymakers avail of newly-restored freedoms and gear up for a good ol’ fashioned road trip. Of course, with the freedom of travelling offshore confined to Tasmania and the vaunted Kiwi bubble, householders have no option than discovering the joys […]
COVID-19 pandemic hits Cochlear and Suncorp
The COVID-19 pandemic has continued to have a big impact on Australian companies, with the latest being Cochlear (ASX: COH) and Suncorp (ASX: SUN). Cochlear chief executive officer Dig Howitt said it was still too early to predict the true impact of coronavirus on the hearing implant maker, which is in “unchartered territory” due to […]
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