Hi there. It's Monday, July 18 and you're reading The Loop, a quick wrap-up of today's news.
One thing to know: ANZ wants to take over Suncorp
Brisbane-based banking and insurance company Suncorp has accepted ANZ's offer of $4.9 billion to take over its banking operations — but the deal will take at least 12 months before the deal is finalised, and has several hurdles it will need to clear in the meantime.