Finance company UDC plays down impact of new ownership
Details of new funding arrangements to be released soon.
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Hawke’s Bay
The $660 million acquisition of finance company UDC by a junk-rated Chinese conglomerate will have no effect on its borrowing costs, says the man leading its integration.
When it was announced in January, ANZ’s deal to sell UDC to HNA Group quickly triggered concern among investors who saw HNA’s
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Tim Hunter
Thu, 25 May 2017
Thu, 25 May 2017
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Finance company UDC plays down impact of new ownership
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