middle.news

Auswide Bank Suspended as MyState Acquisition Gets Green Light

9:08am on Monday 2nd of June, 2025 AEST Banking
Read Story

Auswide Bank Suspended as MyState Acquisition Gets Green Light

9:08am on Monday 2nd of June, 2025 AEST
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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about ABA
OPEN ARTICLE