middle.news

Takeovers Panel Rejects Keybridge Capital’s Claims Ahead of Board Vote

5:15pm on Monday 3rd of February, 2025 AEDT Financial Services
Read Story

Takeovers Panel Rejects Keybridge Capital’s Claims Ahead of Board Vote

5:15pm on Monday 3rd of February, 2025 AEDT
Key Points
  • Takeovers Panel declines to conduct proceedings on Keybridge Capital applications
  • Insufficient evidence of association among Keybridge, WAM, Ravell, and Glennon entities
  • No likely contravention of section 606 found regarding share acquisitions
  • Overlap with ongoing Supreme Court litigation influenced Panel’s decision
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Keybridge Capital (ASX:KBC)
OPEN ARTICLE