.
MergerLinks Header Logo

New Deal


Announced

Lendi to merge with Aussie Home Loans.

Synopsis

Lendi, an online home loan platform, agreed to merge with Aussie Home Loans, a mortgage broker. Upon completion, CBA will retain a 45% shareholding in the combined business, with Lendi shareholders holding the remaining 55%. CBA will also receive deferred consideration and a pre-completion dividend of A$105m in aggregate (subject to adjustments). “We believe the combined business will have a stronger platform to offer enhanced digital capabilities for Aussie brokers and a superior experience for customers," Matt Comyn, CBA CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US