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; "
If the deal were cancelled, the $800m would be repaid for debt...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.12 |
Change
0.010(0.32%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.14 | $3.04 | $6.166M | 1.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 25983 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 34583 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
