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Yowie Challenges Keybridge’s Board Shake-Up Amid Hostile Takeover Bid

1:47am on Monday 2nd of June, 2025 AEST Financial Services
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Yowie Challenges Keybridge’s Board Shake-Up Amid Hostile Takeover Bid

1:47am on Monday 2nd of June, 2025 AEST
Key Points
  • Yowie seeks to restrain Keybridge from calling meetings to change Yowie’s board
  • Keybridge plans a section 249F meeting to replace Yowie’s directors
  • Yowie’s takeover offer includes a condition barring changes to its board
  • Takeovers Panel has received the application but not yet decided on proceedings
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