The investors will need to wait until 2011 to know the ultimate decision in regards to the takeover of National Australia Bank's offer to acquire AXA Asia Pacific.

In the preceding week, when it had been confirmed to the Australian Securities Exchange that added time was needed to redraft its plans and position, NAB made a declaration today stating that it had been offered an extension from AXA Asia Pacific's parent Company.

The extended dates that would end for investors and court approval for the tender start from 31 October 2010 and go on till 31st January 2011.

The two firms informed the ASX that they were fine with the agreed payment of a provisional dividend to be offered to AXA AP investors of no less than 9.25% for each share.

In the most recent moves, it was seen that the Australian Competition and Consumer Commission showed cold vibes towards the NAB's proposal to buy AXA AP.

Seeing the objections that had been raised by the ACCC, NAB said that it was still firm upon going ahead with its plans.