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ANZ responds to media speculation on possible divestment of Wealth Australia

ANZ today noted increased media speculation relating to the possible divestment of its life insurance, superannuation, investments and advice businesses in Australia.

ANZ does not comment on media speculation.

 

The process is ongoing and ANZ remains in discussion with a number of parties as it continues to work through its options. This includes exploring capital market solutions to create a stand-alone business.

 

ANZ will continue to take a disciplined approach to this process and will update the market as appropriate.

 

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