From The Age website:
Analysts expect 30% premium
* May 12, 2008 - 11:40Am
"Westpac is likely to offer $35.00 worth of its scrip for each St George Bank share, or about $20 billion, if a merger proposal announced by the two banks today proceeds".
here's the link: http://business.theage.com.au/analysts-expect-30-premium/20080512-2d7d.html