Latest Takeovers Panel News

The Takeovers Panel has accepted an undertaking from betr Entertainment, addressing key disclosure and structural concerns in its takeover bid for PointsBet, while declining to declare unacceptable circumstances.

Dundee Precious Metals has confirmed the court sanction hearing date for its recommended acquisition of Adriatic Metals, with key shareholder meetings scheduled and a flexible cash-share mix option offered to shareholders.

The Takeovers Panel has issued interim orders delaying Emu NL’s requirement to issue shareholder meeting notices, maintaining the status quo as it reviews the company’s application. This move adds a layer of uncertainty around upcoming resolutions and governance changes.

The Takeovers Panel has declined to review its earlier ruling on Keybridge Capital Limited, affirming no unacceptable circumstances exist. This decision closes a regulatory chapter but leaves some questions about future governance.

Emu NL has lodged a formal review application against the Takeovers Panel's recent variation of orders, signaling continued regulatory tension in its takeover proceedings.

The Takeovers Panel has amended its orders for Emu NL, mandating a new shareholder meeting to consider expanded resolutions, including director removal proposals from Wayburn Holdings.

EMU NL has advanced its Yataga Copper Project to drill-ready status with a maiden drilling campaign planned, while assessing monetization options for its Badja Gold Project amid ongoing corporate governance and privacy issues.

PointsBet Holdings has dismissed Betr Entertainment's increased scrip takeover offer, reaffirming its support for MIXI's competing bid amid ongoing regulatory scrutiny.

hummgroup has agreed to limited due diligence with The Abercrombie Group following a $0.58 per share non-binding proposal, aiming to clarify a potential binding offer by mid-September.

The Takeovers Panel has decided not to declare unacceptable circumstances following Keybridge Capital's challenge to Yowie Group's off-market takeover bid, which has now been withdrawn.

The Takeovers Panel has declined to find unacceptable circumstances in two recent applications concerning Yowie Group's share placement and related fund unit issues, providing clarity on governance and control matters.

PointsBet Holdings has secured interim orders from the Takeovers Panel to restrain betr Entertainment from dispatching its takeover bidder’s statement, intensifying the high-stakes contest for control.