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Wide Bay a step closer to netting Mackay

Staff Reporter 1 minute read

Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay Permanent Building Society (MPBS).

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Nearly 33 per cent of MPBS shareholders – including its founding families, chairman Richard Wallace and directors Tony Wallace and Gavan Porter – have accepted Wide Bay’s offer.

Wide Bay managing director Ron Hancock said: “We are very pleased with the response we have received... [and] we are well on our way to completing the acquisition of MPBS.”

 

Wide Bay a step closer to netting Mackay
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