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AFG's Connective deal back on track, as Australia's mortgage-aggregation market probe resumes

By James Panichi ( May 12, 2020, 00:39 GMT | Insight) -- The review of Connective Group's acquisition by mortgage-aggregation services rival Australian Finance Group is back on track, after Australia’s competition watchdog revealed today that it had restarted the clock after receiving the additional information it required from the companies. In an entry on its website, the Australian Competition & Consumer Commission fixed the new deadline for a decision on the deal for June 18, but gave no indication of what information it had received or why the review had been put on hold. The review of Connective Group's acquisition by mortgage-aggregation services rival Australian Finance Group is back on track, after Australia’s competition watchdog revealed today that it had restarted the clock after receiving the additional information it required from the companies....

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