Australia's ANZ shareholders approve new holding structure
Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two different groups.
Source: www.reuters.com
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(Reuters) - Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two different groups.
The lender said 99.17% of votes were cast in favor of creating ANZ Group Holdings Limited, the non-operating holding company.
Reporting by Harshita Swaminathan; Editing by Nivedita Bhattacharjee
