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Mystate Limited ( (AU:MYS) ) just unveiled an update.
MyState Limited has received approval from the Federal Treasurer for its proposed merger with Auswide Bank Limited, marking a significant milestone in their strategy to become a larger regional bank. The merger, aimed at leveraging scale advantages and delivering substantial benefits to customers and shareholders, is pending approval from Auswide shareholders and the Supreme Court of New South Wales, with completion expected by February 19, 2025.
More about Mystate Limited
MyState Limited is an ASX-listed non-operating holding company of a diversified financial services group, including MyState Bank and TPT Wealth. MyState Bank is regulated by the Australian Prudential Regulatory Authority, and both MyState Bank and TPT Wealth hold Australian Financial Services Licences.
YTD Price Performance: -1.57%
Average Trading Volume: 169,635
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$487M
Learn more about MYS stock on TipRanks’ Stock Analysis page.
