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Westpac Bank in Takeover Talks With St George
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CNBC
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May 12, 2008
Westpac Banking Corp, Australia's fourth-biggest lender, said it had entered talks on an all-share bid for St George Bank, which has a market value of A$15 billion (US$14 billion), to create Australia's largest home lending and wealth management provider. A combination of Westpac, with a market valu...
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