Auswide Bank Expands Portfolio with Selfco Acquisition

Auswide Bank Ltd. (AU:ABA) has released an update.

Auswide Bank Ltd has completed its acquisition of Specialist Equipment Leasing Finance Company Pty Ltd (Selfco) by issuing 1,174,847 new fully paid ordinary shares to Selfco’s vendors. The bank has made this move without investor disclosure under certain provisions of the Corporations Act, confirming compliance with corporate regulations and that no critical undisclosed information exists. This strategic move continues Auswide’s expansion since becoming a listed Australian bank in 2015.

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