Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

BoQ bid stands

Staff Reporter 1 minute read

The Bank of Queensland (BoQ) has announced it does not intend to increase its $53.2 million offer for Mackay Permanent Building Society (MPBS) despite Wide Bay’s counter bid Friday.

“BoQ takes a disciplined approach to its acquisition activity,” BoQ managing director David Liddy said.

“We put forward an attractive offer which delivered benefits to the shareholders of both BoQ and MPBS and reflected the value of MPBS to the group. We see no benefit to our shareholders of now increasing that offer,” he said.

BoQ bid stands
default
TheAdviser logo

The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day

default

 

more from the adviser
David Hyman

Breaking News

Brokers promote competition in lending: Lendi

Brokers are driving competition in the mortgages sector and chang...

money au ta

Breaking News

SME fintech closes $25m raise to fund expansion

An SME lender has raised $25 million in equity to fund the ‘rap...

loan application

Breaking News

Hot Property: The biggest property headlines from the week 26 to 30 July

The weekly round-up of the biggest news stories from across Momen...