BOQ acquisition progresses

23 October 2007
| By Mike Taylor |

The Bank of Queensland (BOQ) has moved further down the path of its merger with the Queensland-based Home Building Society.

The Home Building Society transaction is one of two building society mergers being progressed by BOQ as part of its growth strategy.

BOQ today informed the Australian Stock Exchange one of the conditions of the merger, that all of its offers to acquire the building society options, had been accepted.

It said the merger process would continue to progress.

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