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NAB Eyes UK Mega-Merger

NAB (Australia) looking at potential joint venture with NBNK (NASDAQ:UK). Apparently looking to purchase 600+ branches put up for sale by Lloyds Banking. Will be interesting to see how this progresses given NAB's previous acquisitions performance abroad.

For more information see here: http://www.smh.com.au/business/nab-eyes-uk-mega-merger-report-20110906-1jut5.html