Fed:Costello says not surprised by St George merger

From: AAP General News (Australia) | Date: May 13, 2008 | Copyright information


AAP General News (Australia)

05-13-2008

Fed:Costello says not surprised by St George merger

Former federal treasurer PETER COSTELLO says he's not surprised St George bank has
become a takeover target.

Westpac and St George have agreed on merger terms today .. paving the way for the creation
of Australia's biggest bank.

Mr COSTELLO says the previous HOWARD government set up the four-pillars policy aimed
at preventing takeov...

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