ANZ Group flags around $130 million profit hit on Suncorp deal

(Reuters) – Australian lender ANZ Group said on Monday its 2024 second half profit will take a A$196 million ($129.63 million) hit after taxes due to impacts from the acquisition of Suncorp’s banking business.

($1 = 1.5119 Australian dollars)

(Reporting by John Biju in Bengaluru)