ANZ Bank puts out feelers for potential buyers of NZ life insurance unit

Tue, 06 Mar 2018

By Paul McBeth March 7 (BusinessDesk) - Australia & New Zealand Banking Group is gauging interest in its New Zealand life insurance division after the sale of its life unit across the Tasman shook out prospective buyers for the Kiwi business. The lender sent an email to New Zealand staff yesterday saying it was engaging with a small number of parties to test their appetite for buying the business, spokesman Stefan Herrick said. ANZ's sale of its Australian OnePath Life unit for A$2.85 billion to Zurich Financial Services Australia sparke...

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