Hastings Diversified Utilities Fund 02

[2012] ATP 11 (Takeovers Panel)

Takeovers Panel

Built by Barristers,
For Australian Law.

1. Managed investment scheme – competing bids – Bid Implementation Deed –recommended bid –internalisation of management - evaluation of internalisation – target’s statement – independent expert’s report – conflict of interest - decline to conduct proceedings – premature application – defer proceedings - efficient, competitive and informed market - section 602 principles
1. Corporations Act 2001 (Cth), sections 602, 638, 640, 657A, 638
1. ASIC regulation 16(1)(j)
1. Guidance Note 19