the adviser logo

CBA seeks slice of Aussie Home Loans

by Staff Reporter7 minute read
The Adviser

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 

Related Articles

CBA tipped to move on BankWest 18-08-08

Comment here

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more