Mortgage News

Challenger buys Plan

Monday 17th of September 2007
Challenger is also buying Choice Aggregation Services, a mortgage broker and aggregator, for A$163 million ($193.2 million). It says that the amount it will pay for Plan, Australia's largest mortgage aggregator which also operates in New Zealand, will be based on the business's performance "and will reflect similar financial metrics to the Choice acquisition.

Challenger is also paying $A9.4...

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