M&A Deal Summary

SBI Shinsei Bank Acquires UDC Finance

On June 2, 2020, SBI Shinsei Bank acquired financial services company UDC Finance from ANZ Bank for 762M NZD

Acquisition Highlights
  • This is SBI Shinsei Bank’s 1st transaction in the Financial Services sector.
  • This is SBI Shinsei Bank’s largest (disclosed) transaction.
  • This is SBI Shinsei Bank’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2020-06-02
Target UDC Finance
Sector Financial Services
Buyer(s) SBI Shinsei Bank
Sellers(s) ANZ Bank
Deal Type Divestiture
Deal Value 762M NZD

Target

UDC Finance

Auckland, New Zealand
UDC Finance Ltd. is a financial service company focused on helping New Zealand based entrepreneurs and businesses to grow. The company provides services to clients from the transport, forestry, agriculture and manufacturing sectors. UDC Finance was formed in 1937 and is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

SBI Shinsei Bank

Tokyo, Japan
Category Company
Founded 1952
Sector Financial Services
Employees5,605
Revenue 335.0B JPY (2021)
DESCRIPTION

SBI Shinsei Bank is a bank. The Corporate segment provides various financial products and services to businesses and public companies, credit trading-related financial products and services, asset backed investment, and advisory service, among others. The Financial Market segment provides financial products and services to financial companies, and foreign exchange, derivatives, equity-related and other capital market businesses, as well as asset and liability management (ALM) business, and alternative investment, wealth management. SBI Shinsei Bank was founded in 1952 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (New Zealand) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

ANZ Bank

Melbourne, Australia
Category Company
Founded 1835
Sector Financial Services
Employees40,342
Revenue 20.3B AUD (2023)
DESCRIPTION

ANZ Bank is a provider of various banking and financial products and services. ANZ Bank was founded in 1835 and is based in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (New Zealand) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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