OIO

11 Jul 18, 8:53am
ANZ's continuing to advance more and more money to its NZ finance arm - ironically at a time when it's trying to offload it
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22 Jun 18, 12:00pm
ANZ's for-sale NZ finance arm lifts half-year profit 8% to $32.7 million but gives no indication of when its protracted sales process may be completed
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24 Apr 18, 8:12am
David Hargreaves updates where ANZ has got to with its now tortuous attempt to offload its New Zealand finance arm
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17 Apr 18, 11:28am
Recently released documents show why officials had "serious concerns" about the state of HNA, as they blocked the $660 million sale of UDC to the Chinese global conglomerate
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16 Mar 18, 10:34am
Oil and gas giant Shell sells its NZ interests to Austrian company, OMV, for US$578 million
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17 Jan 18, 8:42pm
Electronics payments processor Paymark being sold by ANZ, ASB, BNZ & Westpac to France's  Ingenico Group for NZ$190 million
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17 Jan 18, 4:18pm
David Hargreaves argues that after the fiasco of the failed sale of UDC to HNA the ANZ may be keen to now quickly offload its Kiwi finance company; Heartland Bank is still interested
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21 Dec 17, 1:09pm
David Hargreaves believes a sale of UDC Finance to a credible New Zealand financial institution might be the only noble way out for the ANZ after the collapse of its ill-thought-out attempt to sell the business to Chinese conglomerate HNA
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21 Dec 17, 9:50am
OIO blocks takeover of ANZ subsidiary UDC Finance by controversial HNA Group because it can't work out who actually owns the Chinese conglomerate
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12 Dec 17, 10:14am
ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
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29 Nov 17, 9:39am
All purchases of rural land over 5ha (except forestry blocks) will be subject to Overseas Investment Office assessment
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21 Oct 17, 8:03am
Allan Barber reviews how Australia treats foreign ownership of rural land, finds it "less paranoid", notes it is British and American owners selling to Chinese buyers, rather than foreigner holdings rising sharply
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14 Oct 17, 7:24am
The ANZ's not wanting to answer questions about its now protracted sales process for UDC Finance - but it will have to soon
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10 Oct 17, 11:29am
David Hargreaves suggests the Australian masters of the ANZ may not have done the venerable New Zealand finance company UDC any favours by snatching at the highest price available for selling it
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5 Oct 17, 4:09pm
Nearly 9 months after the sale was announced, the seller ANZ and would-be buyer HNA say there are still 'steps and processes' to work through in completing UDC Finance acquisition
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8 Jun 17, 1:44pm
Overseas Investment Office expects ‘complex’ review of Landcorp’s Jericho Farm sale to Chinese bidder due to level of local third party interest
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23 May 17, 8:38am
Kensington Swan assesses the latest OIO update on what constitutes sensitive land and the requirements for overseas investment applications
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12 May 17, 5:02am
Chinese conglomerate HNA plans to place NZ finance company UDC under the wing of its large European-Canadian equipment service subsidiary TIP Trailer Services
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28 Apr 17, 6:37am
Chinese conglomerate HNA 'will be a good owner' of UDC after the planned $660 million acquisition, ANZ says
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12 Apr 17, 11:43am
The collapse of the Chinese takeover offer leaves the Invercargill meat processor in a tough spot says Allan Barber, and shareholders face 'disappointing results'
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