The Washington Times (Free subscription) | 2 hours ago
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history.
News.com.au (Free subscription) | 12 hours ago
INDEPENDENT expert Grant Samuel has said that Westpac's takeover offer for St George Bank is fair and reasonable and in the best interests of St George shareholders.
Examiner (Free subscription) | 1 hour ago
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history.
San Fransisco Chronicle (Free subscription) | 2 hours ago
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history....
News.com.au (Free subscription) | 6 hours ago
THE biggest banking acquisition in Australian corporate history looks set to go ahead after an independent expert said Westpac's proposed takeover of rival St George was "fair and reasonable".
Miami Herald (Free subscription) | 1 hour ago
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history.
ireland.com (Free subscription) | 2 hours ago
St George Bank, Australia's fifth-biggest bank has agreed to be bought by Westpac Banking after an independent expert recommended the offer that will create the nation's biggest mortgage lender.
Law Blog - WSJ.com (Free subscription) | 5 hours ago
St. George Bank agreed to a sweetened $15.1 billion takeover bid from Westpac, paving the way for the creation of Australia's biggest bank by market capitalization.
Business Spectator (Free subscription) | 10 hours ago
In a joint statement on Monday, the banks said Grant Samuel had confirmed that Westpac's proposal was fair and reasonable and in the best interests of St George shareholders, who will receive a dividend of $1.25 per St George share, if the deal goes through - an increase of 28 cents.
kansascity.com (Free subscription) | 1 hour ago
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history.
The Australian (Free subscription) | yesterday
INDEPENDENT expert Grant Samuel has said that Westpac's takeover offer for St George Bank is fair and reasonable.
Business Spectator (Free subscription) | 13 hours ago
Board is expected to give final approval to Westpac's $18 billion merger offer this week. 8 Sep 2008 8:22 AM
The Stupid Shall Be Punished (Free subscription) | 04/09/2008
With the media looking into the potential past misdeeds of the various candidates (Gov. Palin being the most obvious example right now) us Sailors can't help but wonder if anyone is going to try to dig into Sen. McCain's liberty visits to various ports in the Pacific before he was shot down. Everyone knows the old saying that "What happens on WestPac, stays on WestPac". Here in the age...
Business Spectator (Free subscription) | 01/09/2008
Xenophon calls on govt to block Westpac-St George mergerAAPA proposed merger between two major banks must be stopped to help reduce interest rates, independent senator Nick Xenophon says.Senator Xenophon has called on the federal government to block the merger between Westpac and St George."If (Treasurer) Wayne Swan wants to have competition in the sector, don't allow that merger because...
Business Spectator (Free subscription) | 31/08/2008
Strike to hit Qantas, Westpac customersAAPQantas and Westpac customers face disruptions to online bookings and banking this week after Australian Services Union (ASU) members voted to start industrial action.The union says IBM technical support staff will hold four-hour rolling stoppages at its "flightdeck" centre in Baulkham Hills in Sydney's north from Wednesday over IBM's refusal to...
