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Why Did the Takeovers Panel Reject Keybridge’s Challenge to Yowie’s Bid?
3:32pm on Wednesday 30th of July, 2025 AEST
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Financial Services
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Why Did the Takeovers Panel Reject Keybridge’s Challenge to Yowie’s Bid?
3:32pm on Wednesday 30th of July, 2025 AEST
Key Points
Takeovers Panel rejects Keybridge's applications against Yowie's bid
Yowie's off-market takeover bid included multiple defeating conditions
Keybridge alleged the bid was for a collateral purpose and had disclosure issues
Bid withdrawal led the Panel to cease further investigation
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