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Treasurer Approves MyState’s Full Acquisition of Auswide Bank Ahead of Shareholder Vote

5:38pm on Friday 24th of January, 2025 AEDT Banking
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Treasurer Approves MyState’s Full Acquisition of Auswide Bank Ahead of Shareholder Vote

5:38pm on Friday 24th of January, 2025 AEDT
Key Points
  • Treasurer approval granted under Financial Sector (Shareholdings) Act
  • Consent received under Banking Act for the scheme of arrangement
  • MyState Bank to acquire 100% of Auswide Bank shares
  • Shareholder meeting scheduled for 3 February 2025
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