March 19, 2018 / 8:50 PM / a month ago

ANZ considers IPO for UDC Finance

March 20 (Reuters) - Australia and New Zealand Banking Group said on Tuesday it is considering an initial public offering (IPO) of UDC Finance, among other strategic options.

UDC is part of the lender’s New Zealand operations and provides funding for plant equipment, vehicles and machinery. (Reporting by Aditya Soni in Bengaluru Editing by Alexander Smith)

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