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Australia's ANZ Group rises on Queensland ruling for Suncorp Bank buy

BUZZ-Australia's ANZ Group rises on Queensland ruling for Suncorp Bank buy ** Shares of ANZ Group Holdings ANZ.AX rise as much as 1.5% to A$29.13, their highest level since June 21 ** Stock reports its fourth straight day of gains ** Financial firm acknowledges the statement of the Queensland legislation for completion of ANZ's acquisition of Suncorp Bank on July 31 ** Says ANZ will welcome about 3,000 employees and 1.2 mln customers into the ANZ Group on Aug.
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Insurer Suncorp slips as Macquarie downgrades to 'neutral' on La Niña fears

BUZZ-Insurer Suncorp slips as Macquarie downgrades to 'neutral' on La Niña fears ** Shares of Australian insurer Suncorp SUN.AX fall as much as 2.2% to A$16.43, hitting their lowest since June 18 ** Analysts at Macquarie downgrade stock rating to "neutral" from "underperform" ** Downgrades stock rating while heading into the La Niña season ** Dur
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Aussie insurer Suncorp up; Morgan Stanley raises PT

BUZZ-Aussie insurer Suncorp up; Morgan Stanley raises PT ** Shares of Australian insurer Suncorp SUN.AX rise 0.5% to A$16.9 ** Analysts at Morgan Stanley lift stock's PT to A$20.20 from A$17.05; keep rating at "overweight" ** Brokerage says Suncorp has better earnings record than fellow insurer Insurance Australia Group IAG.AX ** SUN has better mot
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Suncorp Group Provides FY25 Reinsurance Program Update

BRIEF-Suncorp Group Provides FY25 Reinsurance Program Update July 5 (Reuters) - Suncorp Group Ltd SUN.AX : FY25 REINSURANCE PROGRAM UPDATE COST OF FY25 CATASTROPHE REINSURANCE PROGRAM EXPECTED TO BE BROADLY IN LINE WITH FY24 SUNCORP MAINTAINS ITS MAXIMUM EVENT RETENTION OF A$350 MILLION FOR A FIRST LARGE EVENT AND A$250 MILLION FOR A SECOND LARGE E
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Morgan Stanley optimistic on ANZ Group's acquisition of Suncorp

BUZZ-Morgan Stanley optimistic on ANZ Group's acquisition of Suncorp ** Analysts at Morgan Stanley say their EPS estimates for ANZ Group ANZ.AX would be upgraded by around 5% on full-year basis if acquisition of Suncorp Group's SUN.AX banking arm goes ahead ** Australia Treasurer Jim Chalmers on Friday gave approval for ANZ Group's A$4.9 bln ($3.26
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Tianqi Lithium, BBVA, Zamp, Hewlett Packard Enterprise, Repsol Updates: Cinven, Nokia, Keywords Studios June 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** China's Tianqi Lithium 002466.SZ has asked Chile's financial regulator to reconsider its decision about the SQM-Codelco lithium deal not needing shareholder approval, newspaper La Tercera reported.
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Australian shares close higher; U.S. inflation reading in focus

Australian shares close higher; U.S. inflation reading in focus Traders await the U.S. PCE data Miners hit worst half-year since late 2015 Banks logged best half-year since mid-2021 Updates to close By Rajasik Mukherjee June 28 (Reuters) - Australian shares closed higher on Friday, boosted by banks, real estate and tech stocks while traders awaited a U.S.
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Australia's Suncorp hits near 17-year high after approval for ANZ deal

BUZZ-Australia's Suncorp hits near 17-year high after approval for ANZ deal ** Shares of Suncorp SUN.AX rise as much as 4.9% to A$17.63, hitting their highest since Nov 7, 2007 ** Australia approves ANZ Group's ANZ.AX A$4.9 bln ($3.25 bln) buyout of Suncorp's banking business, clearing the deal to proceed after almost two years of scrutiny ** Treas
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Australia approves ANZ's $3.3 bln buyout of Suncorp Bank

UPDATE 1-Australia approves ANZ's $3.3 bln buyout of Suncorp Bank Recasts throughout; adds treasurer's comments in paragraphs 2-6, ANZ CEO's in 8-9 SYDNEY, June 28 (Reuters) - Australia on Friday gave the go-ahead for ANZ Group's ANZ.AX A$4.9 billion ($3.26 billion) buyout of Suncorp's SUN.AX banking business, clearing the deal to proceed after almost two years of scrutiny by financial regulators and treasury.
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Suncorp Group Welcomes FSSA Approval

BRIEF-Suncorp Group Welcomes FSSA Approval June 28 (Reuters) - Suncorp Group Ltd SUN.AX : SUNCORP WELCOMES FSSA APPROVAL WELCOMED FEDERAL TREASURER'S APPROVAL OF PROPOSED PURCHASE OF SUNCORP BANK BY ANZ BANKING GROUP UNDER FINANCIAL SECTOR ACT Source text for Eikon: ID:nASX9CW8pj Further company coverage: SUN.AX
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ANZ Group Says Federal Treasurer Approval Of Suncorp Bank Acquisition

BRIEF-ANZ Group Says Federal Treasurer Approval Of Suncorp Bank Acquisition June 28 (Reuters) - Australia and New Zealand Banking Group Ltd AN3PL.AX : FEDERAL TREASURER APPROVAL OF SUNCORP BANK ACQUISITION,AN3,SUN WELCOMED FEDERAL TREASURER'S APPROVAL OF PROPOSED ACQUISITION OF SUNCORP BANK Further company coverage: AN3PL.AX
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Australia's ANZ Group gets govt approval for $3.3 bln Suncorp bank unit buyout

Australia's ANZ Group gets govt approval for $3.3 bln Suncorp bank unit buyout June 28 (Reuters) - Australia's ANZ Group ANZ.AX said on Friday it has received approval from the country's Federal Treasurer for its A$4.9 billion ($3.26 billion) buyout of Suncorp's SUN.AX banking arm. ($1 = 1.5044 Australian dollars) Reporting by John Biju in Bengalur
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Morningstar ups PT on Australia's largest general insurers on interest rate boost

BUZZ-Morningstar ups PT on Australia's largest general insurers on interest rate boost ** Analysts at Morningstar see Australia's two largest general insurers benefiting from elevated interest rates and premium rate increases ** Brokerage raises PT on Insurance Australia Group IAG.AX by 5% to A$6.00 ** Morningstar's PT on Suncorp Group SUN.AX rises
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Suncorp Group Announces Redemption Of Capital Notes 2

BRIEF-Suncorp Group Announces Redemption Of Capital Notes 2 May 24 (Reuters) - Suncorp Group Ltd SUN.AX : REDEMPTION OF CAPITAL NOTES 2 TRADING AS SUNPG Further company coverage: SUN.AX
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Australia's Suncorp rises as MS expects insurer to trade at bigger rival's multiples

BUZZ-Australia's Suncorp rises as MS expects insurer to trade at bigger rival's multiples ** Shares of Australia's Suncorp Group SUN.AX rise as much as 0.8% to A$16.44 ** Analysts at Morgan Stanley think that the firm has a case to re-rate itself to the multiples in which bigger rival Insurance Australia Group IAG.AX trades in ** Brokerage says inv
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Suncorp Group Closes Capital Notes 5 Offer Raising A$360 Mln

BRIEF-Suncorp Group Closes Capital Notes 5 Offer Raising A$360 Mln May 14 (Reuters) - Suncorp Group Ltd SUN.AX : SUNCORP CLOSES CAPITAL NOTES 5 OFFER RAISING A$360 MILLION Further company coverage: SUN.AX
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Suncorp Group Says Suncorp Bank's Home Lending Portfolio Grew Above System In March Quarter

BRIEF-Suncorp Group Says Suncorp Bank's Home Lending Portfolio Grew Above System In March Quarter May 10 (Reuters) - Suncorp Group Ltd SUN.AX : SUNCORP BANK’S HOME LENDING PORTFOLIO GREW ABOVE SYSTEM THROUGH MARCH QUARTER, INCREASING A$803 MILLION OR 5.8% ANNUALISED SUNCORP BANK'S QTRLY BUSINESS LENDING GREW 2.2% ANNUALISED SUNCORP BANK'S AGRIBUS
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Australia's ANZ unveils $1.3 bln buyback after half-year earnings meet estimates

UPDATE 3-Australia's ANZ unveils $1.3 bln buyback after half-year earnings meet estimates HY cash profit falls 7% to A$3.55 bln, meets consensus estimates Announces A$2 bln buyback Declares 83 Australian cents/share interim dividend Shares fall 2.3% in early trade Recasts with comments on economy, analyst comments, share price reaction By Poonam Behura May 7 (Reuters) - ANZ Group ANZ.AX on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings
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Suncorp Launches Capital Notes 5 Offer

BRIEF-Suncorp Launches Capital Notes 5 Offer April 16 (Reuters) - Suncorp Group Ltd SUN.AX : LAUNCHES CAPITAL NOTES 5 OFFER TO RAISE APPROXIMATELY A$300 MLN CAPITAL NOTES 5 BEING ISSUED AS PART OF ONGOING FUNDING AND CAPITAL MANAGEMENT STRATEGY PROCEEDS EXPECTED TO USE TO FUND CAPITAL NEEDS OF ONE OR MORE REGULATED ENTITIES WITHIN SUNCORP GROUP Fur
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