If the deal were cancelled, the $800m would be repaid for debt note, no additional cash.
"IOOF and ANZ have finalised the legally binding arrangements which give effect to the following:
• Full legal ownership of ANZ ADGs has transferred to IOOF effective 1 October 2018
• Substantial ‘economic’ completion of the ANZ P&I business from today through:
o an initial payment by IOOF of $800m to ANZ to subscribe for a debt note; "
Ann: Investor presentation - IOOF FY 2018 results, page-179
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Last
$3.14 |
Change
0.010(0.32%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.18 | $3.10 | $4.755M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16014 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 27892 | 7 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
