CBA $4.7bn profit, I see its cashed up and ready to go, I do hope it is "seeking" CNP as a softened up investment. Based on other posters thoughts including the birthday boy Combank would do well to take CNP on board.
Quote:
"Australia's biggest bank by market value also announced today that it had withdrawn from talks with Royal Bank of Scotland to acquire investment bank ABN Amro Australian Holdings.
But CBA said that it would continue to seek attractive investment opportunities softened up by tough market conditions."
http://www.news.com.au/business/story/0,27753,24173719-462,00.html
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