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CBA seeks slice of Aussie Home Loans

By Staff Reporter• Wednesday, 20 Aug 2008•2 min read

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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.

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Published: 20-08-08

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