![The Adviser](https://res.cloudinary.com/momentum-media-group-pty-ltd/image/upload/c_fill,e_unsharp_mask:100,g_center,h_389,q_auto:best,w_798/v1657606059/The%20Adviser/basic/default_vvdbbx.webp)
Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay Permanent Building Society (MPBS).
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.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
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.”