Takeovers Panel

Panel Publishes Final Guidance on Correction of Takeover Documents

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The Takeovers Panel has today published its Guidance Note on Correction of Takeover Documents. Minor amendments have been made to the final version in response to comments received when the Panel released a draft for public consultation.

Health Communication Network Ltd - Panel Publishes Reasons

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The Takeovers Panel has today published the reasons for its decision to consent to a request by Health Communication Network Limited to withdraw its application dated 16 November 2004 alleging unacceptable circumstances in relation to a proposed takeover bid by IBA Health Limited.

Webcentral Group Limited 04R - Review Panel Declines to Conduct Proceedings

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The review Panel has declined to conduct proceedings on a review application from Keybridge Capital Limited in relation to the affairs of Webcentral Group Limited.

The review application sought a review of the decision, in respect of Keybridge’s application to the initial Panel dated 10 January 2021, not to make a declaration of unacceptable circumstances (see TP 21/07).

The Agency Group Australia Limited 03R - Review Panel Declines to Conduct Proceedings

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The review Panel has declined to conduct proceedings on a review application dated 2 February 2021 from Magnolia Equities III Pty Limited in relation to the affairs of The Agency Group Australia Limited. The review application sought a review of the decision in respect of Magnolia’s application to the initial Panel dated 16 December 2020 (see TP 20/87).

Registration of Remade Procedural Rules and Public Consultation Response Statement

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The Panel’s remade Procedural Rules were registered on the Federal Register of Legislation on Friday, 19 February 2021.

Webcentral Group Limited 04R - Panel Receives Review Application

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The Panel has received an application from Keybridge Capital Limited seeking a review of the Panel’s decision in Webcentral Group Limited 03.

The Agency Group Australia Limited 03R - Undertaking

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The President has accepted an undertaking from Peters Investments Pty Ltd in relation to the application dated 2 February 2021 by Magnolia Equities III Pty Ltd.

Webcentral Group Limited 03 - Panel Declines to Extend Time to Make Declaration

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The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 10 January 2021 from Keybridge Capital Limited in relation to the affairs of Webcentral Group Limited

The Agency Group Australia Limited 03R - Panel Receives Review Application

Read more about The Agency Group Australia Limited 03R - Panel Receives Review Application

The Panel has received an application from Magnolia Equities III Pty Ltd seeking a review in respect of its application dated 16 December 2020 in relation to the affairs of The Agency Group Australia Limited.

Beston Global Food Company Limited - Panel Accepts Undertaking and Declines to Make a Declaration

Read more about Beston Global Food Company Limited - Panel Accepts Undertaking and Declines to Make a Declaration

The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 4 January 2021 from Kunteng Pte Ltd in relation to the affairs of Beston Global Food Company Limited.

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