Published 11 December 2005
New Zealand Finance Holdings Ltd went unconditional on its takeover offer for Mike Pero Mortgages Ltd on Wednesday after Gould Holdings Ltd accepted the offer for its 54% stake.
The 82c/share bid is 85% financed by a $17.5 million Commonwealth Bank of Australia acquisition facility.
26 November 2005: Pero takeover bid 85% geared
19 November 2005: NZ Finance Holdings gets 54% start towards Pero takeover