Acquiring Company
ANZ
Acquired Company
Suncorp
MelbourneQueenslandFinancial ServicesFinanceVenture CapitalAngel InvestmentBankingManufacturingEnergyRenewable EnergySolarDescription
ANZ has announced a $4.9 billion takeover of Suncorp, which will result in over a million customers transitioning to ANZ's banking network by June 2027. This merger is considered one of the largest in Australian banking history. Ensuring minimal disruption, ANZ commits to maintaining branch services and employment levels for three years following the merger.
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Based on deal dataFrequently asked
Who acquired Suncorp?
Suncorp was acquired by ANZ, based in Melbourne. The deal was reported on September 7, 2026. ANZ Investments is New Zealand’s biggest private sector fund manager and KiwiSaver provider, managing over $33 billion in investments for over 675,000 investors. ANZ is privately held and operates in Financial Services.
When did ANZ acquire Suncorp?
ANZ's acquisition of Suncorp was reported on September 7, 2026. ANZ has announced a $4.9 billion takeover of Suncorp, which will result in over a million customers transitioning to ANZ's banking network by June 2027. This merger is considered one of the largest in Australian banking history. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Suncorp do?
SunCorp is a pioneer in the implementation of photovoltaic energy systems in Itatiba/SP. It has been in the market for over 6 years and has carried out more than 400 works, specializing in solar energy, heating and swimming pool systems. It is privately held, operating in Manufacturing, and is based in Queensland.
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