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Why Did Ramelius Withdraw Its Takeover Bid After Spartan’s Scheme Approval?
6:01pm on Wednesday 23rd of July, 2025 AEST
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Why Did Ramelius Withdraw Its Takeover Bid After Spartan’s Scheme Approval?
6:01pm on Wednesday 23rd of July, 2025 AEST
Key Points
Supreme Court of Western Australia approves Spartan scheme of arrangement
Scheme became legally effective on 22 July 2025
Ramelius obtains ASIC consent to withdraw its takeover bid
Takeover bid withdrawal effective 23 July 2025
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