Busybee
Norgdom
Perth Music
Moby performing at the Southbound festival 2010, Western Australia.
Top Stories
Just In
- 21:02pm VirtualBox 3.1.x On…
- 23:06pm “MAKING LOVE
- 21:09pm NFS-Like Storage Ser…
- 20:50pm Video Community With…
- 00:02am Virtual Users/Domain…
- 21:23pm VirtualBox 3.1.x On…
- 16:35pm Magnum photographers…
- 16:45pm Premier to speak @ U…
- 21:34pm Distributed Replicat…
- 21:34pm Build A Video Commun…
Home Building Society Ltd agreed to acquire Police & Nurse Credit Society Ltd
1points
Home Building Society Ltd has offered to acquire Police & Nurse Credit Society Ltd (PNCS) for AUD215 million (US$161.3 million) in stock. Home Building Society is also proposing an alternative offer up to AUD243 million (US$182.4 million) as for PNCS shares, valuing PNCS at 23 times net profit for its core financial services business plus market valuation of the property development and other non-core assets. The combined business is expected to provide Western Australia a strong local alternative to the big banks.
Source: http://www.mergerstat.com/baystreet3.asp?ID=154161&s=&am…
Comments
Leave a Comment
You must be logged in to post a comment.