Auswide Bank Ltd. (AU:ABA) has released an update.
Auswide Bank Ltd has received court approval to hold a shareholder meeting to vote on a proposed acquisition by MyState Bank Limited. The acquisition aims for MyState to acquire all shares of Auswide through a scheme of arrangement. Details of the proposal, including an independent expert’s report, will be available in the Scheme Booklet on the ASX.
For further insights into AU:ABA stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
