Udc finance

[percy]

I have read ANZ is considering an IPO of UDC FINANCE

Would be a good alternative to heartland ..... by the way i dont know if its on the nzx or asx

I think UDC only operate in NZ,so most probably list in NZ.\
UDC is an excellent business,so depending on price, it would be a very good investment.

[macduffy]

I think UDC only operate in NZ,so most probably list in NZ.\
UDC is an excellent business,so depending on price, it would be a very good investment.

I agree, percy. UDC has been a very successful company, both before and after ANZ bought out minority holders many years ago. ANZ's recent policy has been to divest their finance company interests so I wouldn't expect them to retain any part of the company in the event of an IPO.