The Takeovers Panel today released a Consultation Paper seeking public comment in relation to a draft rewrite of Guidance Note 12 on Frustrating Action.
The draft rewrite seeks to provide clearer guidance about the Panel's approach to frustrating action, including the circumstances in which a frustrating action is unlikely to be unacceptable.
The Panel seeks comments from interested persons on the draft Guidance Note by 24 October 2016. Comments should be emailed to firstname.lastname@example.org.
The Consultation Paper and draft Guidance Note are available on the Panel's website on the consultation page.
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3500