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CBA tipped to move on BankWest

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The Adviser

The Commonwealth Bank may turn set its sights on Perth-based BankWest, The Australian reported today.

After withdrawing its proposal to acquire ABN AMRO last week, the daily said expectations were mounting that CBA would make a bid for HBOS-owned BankWest.

Such an acquisition would come at a price of between $5 and $7 billion, The Australian said.

Published: 18-08-08 

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