rhg saga is not over yet

If the deal is good for WBC because it increases competitive advantage, then why wouldn't WBC competitors (NAB, CBA) would do something about it?

Of course, the deal needs shareholder approval too. If the deal seems to benefit WBC more than RAMS, then the RHG shareholders would veto the deal.

Last Thursday, a RAMS spokeman mentioned that they were in a merger talk in AFR. Is this the merger they talked abt? It doesn't sound like a merger...It's a RESTRUCTURE, not a merger.

Well, the saga is certainly not over yet. With so much happened in a span of last few weeks, and the voting is in November. Many thing can and will happen between now and then.

Who know, maybe Warren Buffet will decide to get a large chunk of RHG? LOL....