Panel Makes Interim Orders in Relation to Dispatch of Fast Scout's Replacement Bidder's Statement in Relation to Bigshop.com.au Ltd
The Panel announced today that it has decided to grant interim orders in relation to an application by Fast Scout Limited (Fast Scout) in relation to the content and timing of dispatch of Fast Scout's bidder's statement in relation to its takeover offer for Bigshop.com.au Limited (Bigshop).
The Panel made the orders to ensure that the Fast Scout bidder's statement is dispatched to Bigshop shareholders in a timely manner, and also to ensure that Bigshop shareholders are given enough information to enable them to assess the merits of the proposed takeover.