Mergers & Acquisitions Mergers & Acquisitions

Comment: NAB's acquisition of Citigroup business to test three years of industry scrutiny in Australia

By Laurel Henning
  • 11 Aug 2021 00:58
  • 24 Aug 2021 01:26
When National Australia Bank announced this week its plan to acquire Citigroup’s Australian consumer business in a A$1.2 billion deal ($880 million today), it came with little fanfare.

Perhaps that’s because it follows Square’s announcement last week that it would acquire Australia’s buy now pay later success, Afterpay, for an historic $29 billion

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