MYS 1.07% $3.70 mystate limited

MyState Auswide Merger

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    "Street Talk understands Tasmania’s MyState and Bundaberg-based Auswide Bank have entered into a binding scheme implementation agreement under which the two ASX-listed banks will merge to form a nationwide bank with $9.6 billion in customer deposits."

    "The MergedCo would be 34 per cent owned by Auswide shareholders and 66 per cent owed by MyState shareholders, parties were told."

    - Source: AFR . https://www.copyright link/street-talk/mystate-auswide-agree-to-binding-regional-bank-merger
    Last edited by wliao: 18/08/24
 
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