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Australia’s competition regulator on Monday said it has delayed its decision on ANZ Group Holdings’ proposed A$4.9 billion ($3.30 billion) acquisition of Suncorp Bank by a week to August 4, and has requested a further extension of one week.
The Australian Competition and Consumer Commission (ACCC) in a letter to ANZ on Thursday requested an extension till August 11, saying it needed more time to review reports and material longer than 50 pages.
