Takeover offer for Mike Pero Mortgages unconditional

New Zealand Finance Holdings has declared its takeover offer for Mike Pero Mortgages unconditional after buying a 54 per cent stake in the company from Gould Holdings.

NZF told the stock exchange yesterday Gould Holdings had accepted the 82c a share offer and sold its 13.5 million shares.

Gould had agreed to sell its stake in a pre-bid lock-up agreement. NZF's offer had been conditional on receiving acceptances for 50.1 per cent of MPM.