Now we are talking sense
Hope this happens sooner or later - would be a great outcome
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Not sure I would call that a "great outcome". While it might happen - what would be great about us selling all of our best companies to foreign investors? I'd prefer to keep them listed and in NZ hands.
A great outcome for me would be HBL merging with Kiwibank and TSB to form NZ's greatest bank with many happy shareholders. Make New Zealand great again!
Hear hear. Who'd be crazy enough to want sell their soul(&heart) to the devil, in a manner of speaking; Avarice maybe?
It may help but I wouldn't think that that alone would make the merged entity one of NZ's biggest banks, nor would it automatically provide the funding, both equity and debt, that big, growing banks constantly need. Good for Kiwibank perhaps but less so for Heartland, I would think.
I hope that it becomes a target of an Australian Bank like Bendigo& Adelaide looking to jump the ditch.