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BoQ boss eyes more takeovers in bid to challenge big four rivals
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Bank of Queensland chief executive George Frazis says the bank is open to more takeovers, after reviewing four potential acquisitions in the last 18 months in a quest to transform the mid-sized lender into a genuine challenger to the big four banks.
The ink had barely dried on the ASX announcement last Thursday making BoQ’s $1.3 billion acquisition of industry super fund owned ME Bank official before Mr Frazis declared he was open to sealing more deals.
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