JDO 1.98% $1.29 judo capital holdings limited

Takeover speculation, page-5

  1. 186 Posts.
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    Yeah I agree @ksvs. The main difference between NAB and the other 3 big retail banks is their business banking segment. The last thing NAB would want is a low cost / still small scale competitor like JDO being snapped up by one of the other big banks (CBA or WBC) and turning the JDO business into a large scale / low cost competitor. If NAB were smart they would buy a blocking stake in JDO to prevent that happening and just sit on it. Remember also that NAB has recently sold both their wealth management business (to IFL) and insurance business (to Nippon Life) so they are now a pure Australian retail / business bank once again.
 
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