Australia’s ANZ shareholders vote to amend corporate holding structure

FILE PHOTO: A man talks on his phone in front of an ANZ Banking corporation tower in central Sydney

(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two different groups.

The lender said 99.17% of votes were cast in favor of creating ANZ Group Holdings Limited, the non-operating holding company.

(Reporting by Harshita Swaminathan; Editing by Nivedita Bhattacharjee)

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