Heartland Group Holdings Limited (NZX/ASX: HGH), known for its significant presence in the financial services sector, has confirmed the completion of Heartland Bank Limited’s acquisition of Challenger Bank Limited from Challenger Limited (ASX: CGF). This acquisition marks a historic move as Heartland Bank becomes the first New Zealand registered bank to acquire an Australian authorised […]
Heartland Group Holdings, a New Zealand-based financial services group, has entered into a conditional share purchase agreement to acquire Challenger Bank, an Australian digital bank, from investment management firm Challenger Limited. Valued at approximately AUD 36 million ($23 million), the acquisition will help Heartland Group Holdings expand in Australia. Challenger Bank is an authorized deposit-taking […]
