Heartland and TSB are set to merge under the proposed deal. The owner of TSB has agreed to sell the bank to Heartland Group Holdings for $620 million to create a “larger New Zealand challenger bank” ...

© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. A conditional merger implementation agreement has ...

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Heartland Bank and TSB intend to merge and create a New Zealand bank large enough to compete with the big banks in the regions. The conditional agreement would see Heartland Bank's parent Heartland ...