Mergers & Acquisitions Mergers & Acquisitions

AFG's Connective Group deal could harm mortgage-aggregation market, Australian regulator warns

By James Panichi
  • 11 Feb 2020 17:41
  • 11 Feb 2020 19:06

Connective Group's acquisition by rival Australian Finance Group may substantially lessen competition in the supply of mortgage-aggregation services to mortgage brokers in Australia, the country's competition watchdog has warned.

In a statement of issues published today (see here), the Australian Competition & Consumer Commission, or ACCC, also suggested that the A$120

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