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Auswide Bank Suspended as MyState Acquisition Gets Green Light
7:02pm on Monday 10th of February, 2025 AEDT
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Banking
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Auswide Bank Suspended as MyState Acquisition Gets Green Light
7:02pm on Monday 10th of February, 2025 AEDT
Key Points
Auswide Bank Ltd suspended from ASX trading as of 10 February 2025
Supreme Court of New South Wales approves scheme of arrangement for acquisition
MyState Bank Limited, a subsidiary of MyState Limited, to acquire all issued shares
Acquisition signals consolidation in Australian retail banking
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