Question
case study There is concern amongst banking customers in Papua New Guinea after the ANZ bank announced it has sold its retail and commercial businesses.
case study
"There is concern amongst banking customers in Papua New Guinea after the ANZ bank
announced it has sold its retail and commercial businesses. ANZ says its sale to the Kina Group
Financial Company is part of the bank's future plans outside of Australia and New Zealand."
(Harriman, 2018)
With reference to the above statement, do strategic analysis of the announced acquisition deal of
ANZ PNG bank by Kina bank;
a) Provide details of the two firms including the type of business activity of each prior to the
deal.
b) The reason for the acquisition and the type of acquisition that took place
c) Determine the positive aspects and the negative aspects of the acquisition in
consideration to its stakeholders (i.e. shareholders, suppliers, competitors, employees,
customers etc) of both the firms involved in the deal.
d) Predict the future of the banking industry in relation to these two firms internationally.
e) Predict the future of the banking industry in relation to these two firms locally (Fiji).
I have to do an assignment on this question but I don't know how to do it. please help me with it.
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