| TARGET |
|---|
| Name | St George Bank Ltd (Australia : SGB) |
| Industries | Investment offices, nec; Insurance agents, brokers, and service; Mortgage bankers and loan correspondents; Security brokers, dealers, and flotation companies; Foreign trade & international banking institutions |
| City | Kogarah, New South Wales |
| State | n/a |
| Nation | Australia |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | St George Bank Ltd, headquartered in Kogarah, New South Wales, provides banking and general financial services, operating in four segments namely: Retail Bank, which is involved in residential and consumer lending, provision of personal financial services including transaction services, call and term deposits, small business banking and financial planners; Institutional and Business Banking, which is responsible for liquidity management, securitization, wholesale funding, capital markets and treasury market activities; Bank SA, which provides retail banking and business banking services to customers through branches, electronic agencies, ATMs, call centers, EFTPOS terminals and Internet banking; and Wealth Management, which covers wealth management administration, asset management, dealer group services, margin lending, financial advice, private banking services and general and life insurance. Its services cater to individual and corporate clients, with operations largely held in Australia. The company was founded in 1937. |
| Advisors | UBS Investment Bank |
| Target Sales | 8.24 billion U.S. Dollar
9.28 billion Australian Dollar |
|
| ACQUIROR |
|---|
| Name | Westpac Banking Corp (Australia : WBC) |
| Industries | n/a |
| City | Sydney, NSW |
| State | n/a |
| Nation | Australia |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | Westpac Banking Corp, headquartered in Sydney, provides banking, financial and other related services. Its business segments include Business and Consumer Banking, BT Financial Group, Institutional Banking and New Zealand Banking. Business and Consumer Banking is responsible for servicing and product development for consumer and smaller to medium-sized business customers within Australia. BT Financial Group designs, manufactures and services financial products that enable customers to achieve their financial goals through the accumulation, management and protection of personal wealth. Institutional Banking represents primarily corporations and institutional customers, and also provides certain services to middle-market business banking customers. New Zealand Banking provides banking and wealth management services to consumer and retail business customers. It operates in Australia, New Zealand, the Pacific Islands, Asia, Americas and Europe. |
| Advisors | Caliburn Partnership Pty Ltd |
| Acquiror Sales | 23.03 billion U.S. Dollar
25.93 billion Australian Dollar |
|
