Bank of Queensland cashes in ATM Solutions business

July 24, 2005

Finextra: Bank of Queensland is to sell its ATM Solutions Australasia business to Macquarie Bank for $64 million (U.S. $48.8 million), only two years after acquiring the operation. During its tenure the ATM Solutions fleet has grown from a network of 900 ATMs to 2,400 ATMs, the third-largest in Australia.