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The Commonwealth Bank of Australia (CBA) is in negotiations to buy a stake in Aussie Home Loans (Aussie), the AFR reported today.
According to the paper, CBA is looking to acquire 30 to 40 per cent of Aussie in a deal that would value the group at more than $200 million.
CBA is also tipped to be eyeing BankWest as a potential acquisition opportunity.
Published: 20-08-08
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