BEN 0.17% $11.65 bendigo and adelaide bank limited

Ann: Interim result announcement, page-64

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  1. 800 Posts.
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    Agree with the BEN/SUN merger,very logical.The merged entity could then list the combined banking businesses on the ASX excluding insurance business, and even approach AMP to buy AMP bank.The end result would have three banks covering the eastern seaboard. Don't rule out MQG as a participant in any of this ie they could snap up BEN with minimal balance sheet stress. With the major banks looking to divest wealth businesses post Hayne,there will be a focus to grow pure banking so there will be some m&a activity.
 
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