Oct 11

Canterbury Building Society to merge with Loan and Building

Posted in Uncategorized

NZAX-listed companies Canterbury Building Society (CBS) and the Loan and Building Society (LBS) have agreed to merge, the companies said today. LBS will make a one-for-10 fully imputed taxable bonus issue of 400,000 new shares during November 2007 to increase its share holding to 4.4 million.

Read More at The New Zealand Herald…

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