Published 14 March 2006
92% of Mike Pero Mortgages Ltd was in the hands of its 2 main shareholders, NZ Finance Holdings Ltd & Liberty Financial Ltd, by the close of business on Monday.
NZ Finance had 73.97% through its original purchase of George Gould’s 54% at 82c/share and its takeover bid, now at $1.05/share. Liberty, of Melbourne, stood in the market on Friday to get another 5.6% at $1.07/share, to take its stake to 19.9%, and had 18.3% on Friday. Its offer was to close Monday but was extended into Tuesday.
1 March 2006: Crighton Anderson says new Pero offer fair
Attribution: Company statements, story written by Bob Dey for this website.