Business Services Industry
Bank expands with ATM buy.
Australasian Business Intelligence, June, 2003
Jun 16, 2003 (The Australian - ABIX via COMTEX)
The Bank of Queensland (BOQ) has wholly purchased the automated teller machine (ATM) operator ATM Solutions. The buy-out, which completes the acquisition started when BOQ purchased 10 of the company, will allow a large expansion of BOQ's ATM fleet. ATM Solutions is the second-largest of the independent ATM operators in Australia. The purchase cost BOQ $A16m, and will expand its ATM capability by 1000 machines nationwide.
Publication Date: 17 June 2003
BANK OF QUEENSLAND LIMITED - ASX BOQ:
ATM SOLUTIONS PTY LTD
By Tim Boreham
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