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TSB–Heartland $620m merger set to create stronger, more efficient challenger bank 

The owner of TSB has agreed to sell the bank to Heartland Group Holdings for $620 million in a deal aimed at creating a stronger, more commercially disciplined New Zealand challenger bank with a sharper regional focus. Under the proposed transaction, the Toi...

By Leenah-Leen Arandia | 02 Jun 2026 | 2 min read
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