Chinese conglomerate
ANZ’s UDC Finance Acquired by China’s Conglomerate HNA Group for $628M
| Girish Shetti | | Jan 11, 2017 04:23 AM EST |
ANZ Bank has sold its New Zealand asset finance business UDC Finance to Chinese conglomerate HNA Group for $NZ660 million ($628 million). This is ANZ's second sale out in almost single week as the banking giant looks to streamline its global business.
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