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[2001] ATP 7 (Takeovers Panel)

Takeovers Panel

Built by Barristers,
For Australian Law.

1. Takeover bid - content of bidder’s statement - inadequate disclosure regarding funding - unknown financier - identity of bidder - sufficient information to assess merits of proposal - failure to register as foreign company - order that takeover bid be stopped - order that offers and contracts under bid be cancelled
1. Corporations Law (Cth), sections 602, 631 and 636
1. ASIC Practice Note 37

Citation[2001] ATP 7

CourtTakeovers Panel

JurisdictionCommonwealth

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