Macquarie Bank A$8.23 billion acquisition of Esanda Dealer Finance

8/10/2015
Private acquisition

A$ 8.23 billion

Announced

8/10/2015


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 

Jurisdiction:

Australia

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Australia

Industry sectors:

Financial services
Automotive


Firms:

Party: ANZ (Seller)


Party: Macquarie (Acquirer)

Lawyer: Graeme Tucker