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Suncorp might sell bank | Carsales wants $1.2b for US rival | Zendesk takes $10b rather than $17b

Suncorp might sell bank | Carsales wants $1.2b for US rival | Zendesk takes $10b rather than $17b

What the Flux · Flux

June 27, 20225m 58s

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Show Notes

Suncorp Group is reportedly looking to bid farewell to its banking unit so that it can focus more on its insurance arm.

 

Zendesk has agreed to sell itself for $10.2 billion in cash - only months after it declined a $17 billion offer.

 

Carsales is looking to raise $1.2 billion from shareholders so it can buy 100% of an American commercial truck listing business.

 

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