Long summer days: How BoQ swooped on ME Bank
BoQ’s George Frazis and Patrick Allaway used high pressure M&A tactics to steal their quarry from more fancied rivals ANZ and Bendigo Bank.
ME Bank was the magpie in Bank of Queensland’s Project Condor.
It was the end of January when Bank of Queensland chairman Patrick Allaway and CEO George Frazis lobbed a $1.325 billion bomb.
After cancelling Christmas holiday plans and working through the break, gunslingers Allaway and Frazis were ready to draw.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles