that one of the big 4 banks are close to making a takeover bid at Customer (CUS).
The company is a majority owner of independent ATM’s in Australia. Customers appeal to a bank would be the ability to not charge their own retail customer for withdrawals from ATM’s (current fee $2.50).
As we know the retail market is critical for the banks, thus they are always looking for new ways to increase their market share - not charging their customers withdrawal fees on ATM’s may well be one of those ways.
Good luck to all those that hold.
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