BOQ Home and hosed in WA
(3 December 2007 – Australia) Home Building Society shareholders have backed the merger with Bank of Queensland at a meeting held in Perth.
Almost 94 percent of Home shareholders gave the thumbs up to the A$600 million merger between the building society and BOQ, which will be implemented by way of a Scheme of Arrangement.
Federal court approval for the Scheme of Arrangement will be held this week.
BOQ managing director David Liddy said the merger would give Home customers access to a national network of more than 260 branches and 2,400 BOQ branded ATMs.
Home chairman Tony Howarth said Home and BOQ had a shared vision of being a genuine alternative to the big banks with an offering based on strong customer service.
Federal court approval for the Scheme of Arrangement will be held this week.
BOQ managing director David Liddy said the merger would give Home customers access to a national network of more than 260 branches and 2,400 BOQ branded ATMs.
Home chairman Tony Howarth said Home and BOQ had a shared vision of being a genuine alternative to the big banks with an offering based on strong customer service.
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