National Australia Bank in Talks to Buy Citigroup's Australian Business
13 Juillet 2021 - 10:50AM
Dow Jones News
By Adria Calatayud
National Australia Bank Ltd. on Tuesday confirmed that it is in
talks to buy Citigroup Inc.'s Australian Consumer business.
The Australian lender said it regularly assesses opportunities
to acquire businesses that support its growth strategy in core
banking markets.
National Australia Bank issued a brief statement following media
speculation, and said there is no certainty that the talks will
lead to a deal.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 13, 2021 04:44 ET (08:44 GMT)
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