If I'm reading this announcement right it looks like NAB has...

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  1. 36 Posts.
    If I'm reading this announcement right it looks like NAB has just invested about 1.1 billion on this baby and has become a 6% majority owner in the process.

    That tells me they see excellent value in this stock and they join the other big four bank (CBA) in being majority holders of QBE.
 
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