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Kiwibank-BNZ takeover talk grows

Friday 24th of January 2020
The state-backed bank is considering buying its larger rival in a deal that could be worth $12 billion, Stuff reported this morning.
According to reports, "negotiations are under way" for Kiwibank to take over BNZ from its parent, National Australia Bank. According to the report, BNZ could fetch between $10 billion and $14 billion.
Merger talk has intens...
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