Overview:
- Macquarie Bank has acquired Esanda Dealer Finance for A$8.23 billion from ANZ.
- The Esanda business comprises approximately 330,000 retail customers and 450 dealer originators and 160 dealers with bailment and lending facilities with ANZ.
- The portfolio has a value of $7.8 billion.
- Macquarie is financing the purchase through a private placement of shares.
- Macquarie Capital and Credit Suisse acted as financial advisers to the acquirer. Deutsche Bank advised ANZ
Katrin Kostadinova - Data analyst