M&A

TSB deal to give Heartland 'immediate scale' in home loan market and lower funding costs helped by non-interest-bearing deposits in transaction accounts, independent report says

TSB deal to give Heartland 'immediate scale' in home loan market and lower funding costs helped by non-interest-bearing deposits in transaction accounts, independent report says

Heartland gets Toi Foundation's approval to buy TSB Bank. More consents are required, but when completed Toi Foundation will become Heartland Group's largest shareholder

Heartland gets Toi Foundation's approval to buy TSB Bank. More consents are required, but when completed Toi Foundation will become Heartland Group's largest shareholder

Gareth Vaughan argues Kiwibank's parent Kiwi Group Capital might be wise to back off TSB and dust off another growth plan for the bank

Gareth Vaughan argues Kiwibank's parent Kiwi Group Capital might be wise to back off TSB and dust off another growth plan for the bank

Taranaki community group's interim injunction application against the sale of TSB to Heartland Group dismissed, as Kiwibank's TSB interest reiterated

Taranaki community group's interim injunction application against the sale of TSB to Heartland Group dismissed, as Kiwibank's TSB interest reiterated

Heartland boss says $620m TSB-Heartland deal remains on track for December completion, says Heartland would preserve importance of Taranaki's local identity if deal goes ahead

Heartland boss says $620m TSB-Heartland deal remains on track for December completion, says Heartland would preserve importance of Taranaki's local identity if deal goes ahead

Justice Andru Isac reserves decision as Taranaki community group tries to block proposed sale of TSB to Heartland Group

Justice Andru Isac reserves decision as Taranaki community group tries to block proposed sale of TSB to Heartland Group

After miscalculating the initial public consultation timeframe by a day, the Toi Foundation says it will reopen community consultation on $620m TSB-Heartland deal

After miscalculating the initial public consultation timeframe by a day, the Toi Foundation says it will reopen community consultation on $620m TSB-Heartland deal

TSB Chairman Mark Darrow says bank's proposed sale to Heartland Group 'would accelerate the future pathway for TSB'

TSB Chairman Mark Darrow says bank's proposed sale to Heartland Group 'would accelerate the future pathway for TSB'

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

Forsyth Barr analysts see integration of technology systems and TSB’s low lending and earnings growth as potential risks to a successful merger with Heartland

Forsyth Barr analysts see integration of technology systems and TSB’s low lending and earnings growth as potential risks to a successful merger with Heartland

Toi Foundation chairman says Heartland deal follows talks with multiple parties after an unsolicited approach in late 2024

Toi Foundation chairman says Heartland deal follows talks with multiple parties after an unsolicited approach in late 2024

Heartland Group Holdings proposes acquisition of TSB from the Toi Foundation to create TSB Heartland Bank. Toi to consult with Taranaki residents

Heartland Group Holdings proposes acquisition of TSB from the Toi Foundation to create TSB Heartland Bank. Toi to consult with Taranaki residents

NZ First wants to buy BNZ from its Aussie parent, and merge it with Kiwibank to create 'a National Bank of New Zealand', says Winston Peters

NZ First wants to buy BNZ from its Aussie parent, and merge it with Kiwibank to create 'a National Bank of New Zealand', says Winston Peters

Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand

Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand

The $250 million Irish buy in of Alliance Group is being fought by a group of farmer hold-outs who say it undervalues the cooperative

The $250 million Irish buy in of Alliance Group is being fought by a group of farmer hold-outs who say it undervalues the cooperative