BEN 1.83% $11.80 bendigo and adelaide bank limited

{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...

  1. lightbulb Created with Sketch. 1
    .


    Bendigo and Adelaide Bank Limited (ASX:BEN) is poised to buy the business and assets of Victoria’s Rural Finance Corporation for $1.78 billion. 


     


    The Brisbane-based regional lender has entered into trading halt ahead of a $230 million capital raising. 


     


    Bendigo and Adelaide Bank expects the purchase will have a value of about $1.695 billion when the deal is tied up in mid-July. 


     


    Managing Director Mike Hirst says Rural Finance will work together with the bank’s existing specialist agricultural business. 


     


    Bendigo and Adelaide Bank reported a net profit of $181 million in the first half of the 2014 financial year. 

 
watchlist Created with Sketch. Add BEN (ASX) to my watchlist
(20min delay)
Last
$11.80
Change
-0.220(1.83%)
Mkt cap ! $6.679B
Open High Low Value Volume
$11.87 $11.89 $11.68 $13.14M 1.114M

Buyers (Bids)

No. Vol. Price($)
27 8006 $11.79
 

Sellers (Offers)

Price($) Vol. No.
$11.80 337 1
View Market Depth
Last trade - 15.44pm 04/09/2024 (20 minute delay) ?
BEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.