IOOF Holdings has extended the period in which Plan B shareholders can accept an offer from IOOF to acquire their shares by two weeks.
The offer was originally scheduled to close at 7pm on 11 September but will now close at 7pm on 25 September, unless further extended or withdrawn.
The takeover offer, originally posted to the Australian Securities Exchange in July, is for $0.60 per share.
In the past week IOOF has increased its ownership of Plan B from 52.9 per cent to 58.2 per cent (as at 2pm on 3 September).
