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In 2007 Bendigo Bank rejected Bank of Queensland's merger/takeover proposal, [6] and merged with Adelaide Bank. The A$4 billion takeover was completed on 30 November. [2] Subsequently, shareholders voted to change the company's name to Bendigo and Adelaide Bank Limited, with the change taking effect from 31 March 2008. [7]
Adelaide Bank was established on 1 January 1994 from the Co-operative Building Society of South Australia Limited, which was Australia's largest building society as a result of a merger with the Hindmarsh Building Society in 1992. [11] On 9 August 2007, the Adelaide Bank was merged with the Bendigo Bank. On 12 November 2007, ~98% of the ...
Bendigo and Adelaide Bank: Bendigo: 3.0 0.3 67.9 2.6 Banking 26 1734 Bank of Queensland: Brisbane 11.5 0.2 65.9 2.6 Banking 27 1811 BlueScope: Melbourne 11.5 0.5 10.4 6.3 Iron and Steel 28 1863 Ramsay Health Care: Sydney 10.6 0.6 14.1 7.6 Health care: 28 1863 Vivo Energy: Melbourne 17.8 2.5 6.6 3.6 Oil and gas 30 1915 Scentre Group: Sydney 1.7 ...
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Bendigo is a large and growing service economy. The major industries are health, finance (headquarters of the Bendigo and Adelaide Bank – Australia's fifth largest bank), tourism, commerce, education, food processing and primary industries, with some significant engineering industries (see below under "Manufacturing").
Up was founded in 2018 as a collaboration between software company Ferocia and Bendigo & Adelaide Bank. The companies were already closely tied as Ferocia was building Bendigo Bank's app at the time. On 13 May 2018, Up started its friends and family beta phase with a closed beta release on 2 August 2018. [3]