They would be crazy for BOQ to take over AMP IMHO. I hope Westpac stays away, diabolical otherwise.
That AMP poodle/ dog/ canine was almost buried alive many years back.
AMP is high on my list of bad behavior regulatory stocks.
Westpac has been on the list having nearly died but hopefully like Star Entertainment Group, Westpac survives and is not caught in the contagion risk of a broader collapse.
I think Standard Chartered has a more logical takeover of Bank of Queensland, a bank taking over another bank, taking over AMP, what synergies would that create?
The reasons for AMP being high on the list of money laundering, anti trust and regulation impacted stocks is through its electronic digital bank being money laundering investigation impacted, anti-trust and all the super regulation.
The money laundering, anti-trust or regulation impacted stocks are as follows: Woolworths, Coles, Metcash/ IGA, AMP, A2 Milk, QBE, Transurban. ANZ, EML, IAG, Steadfast, CBUS, AustralianSuper, Aware Super, Wesfarmers, NAB, CBA, Crown Casino, ClubsNSW, Super Retail Group, Sky City, Qantas, Virgin, Seven West Media, Nine Entertainment Group, Southern Cross, Ampol, Woodside, Guardian Learning Centers, Beach Petroleum Optus, Telstra or Telstra- AGL NIB Medibank Private Origin Energy, Beach Petroleum, AMA Group, Suncorp. and others.
The hope of all of us is that SGR survives or is at least saved like Westpac was when Westpac nearly died.
BOQ looks like being taken over by Standard Chartered. And others will be taken over by overseas companies.
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