SUN 0.39% $18.23 suncorp group limited

valuation scenario, page-5

  1. 351 Posts.
    "So I reckon - at a cheap enough price - Suncorp will get cut up and the bank taken over by Westfarmers as it gives Suncorp a lifeline and westfarmers a banking licence. Bank of Qld will get taken over by Coles. Or vice versa"

    WES won't take over SUN. They just did a capital raising because they had too much debt from the Coles acquisition
 
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