Australia’s competitions watchdog approves NAB’s acquisition of Citi’s local consumer unit -Breaking
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© Reuters. FILE PHOTO – The logo for the National Australia Bank can be seen outside of their central Sydney headquarters, Australia on August 4, 2017. REUTERS/David Gray(Reuters) – The Australian Competitions Regulator on Thursday stated that it will not object to National Australia Bank’s (OTC) proposed acquisition Citigroup (NYSE:) The local consumer unit.
National Australia Bank said in August that Citigroup Australia Pty Ltd would be acquired by it for $882.24 Million.
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