UPDATE 1-Australia's Westpac to buy RAMS business (Reuters Finance News, Australia via Yahoo!7 Finance)

Story date: 2007-10-01 04:08:53
Added on: 2007-10-01 17:00:16

SYDNEY, Oct 2 (Reuters) - Westpac Banking Corp WBC.AX will buy the distribution business of Australian mortgage lender RAMS Home Loans Group Ltd RHG.AX in an A$140 million ($125 million) deal, and will provide funding for new business growth.


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