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Wide Bay ups stakes to net Mackay Permanent

Staff Reporter 1 minute read

Building society Wide Bay Australia has increased its bid for Mackay Permanent Building Society (MPBS) in a move to sway MPBS shareholders away for a proposed merger with the Bank of Queensland (BoQ).

This is the second time Wide Bay has raised its offer since July 24, when it first launched the takeover bid.

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MPBS has yet to respond to Wide Bay’s latest offer.

Wide Bay ups stakes to net Mackay Permanent
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