UDC deal still on track, says ANZ
Chinese buyer seeks extension on debt due tomorrow.
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Hawke’s Bay
ANZ bank says the $660 million sale of its finance unit UDC is on track despite signs the Chinese buyer is under increasing financial pressure.
The sale of UDC Finance to China’s HNA Group was announced in January and was expected to be completed “late in the second half” of 2017.
However,
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Tim Hunter
Thu, 23 Nov 2017
Thu, 23 Nov 2017
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UDC deal still on track, says ANZ
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