Australia's competitions watchdog approves NAB's acquisition of Citi's local consumer unit
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BENGALURU] Australian competitions regulator on Thursday said it would not oppose National Australia Bank's proposed acquisition of Citigroup's local consumer unit.
National Australia Bank in August said it would acquire Citigroup Australia for about US$882.24 million.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern