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26/09/2006 - 22:00

Home offer to P&N

26/09/2006 - 22:00

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HOME Building Society Ltd launched a takeover bid for Police & Nurses Credit Society on Monday, presenting a $243 million cash offer and an alternative scrip offer of $215 million. The offers are well below the valuation of $420 million produced by Police & Nurses earlier this month.

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