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Takeovers Panel Rejects Challenge to Duxton Farms’ Contested Merger

7:01am on Saturday 4th of October, 2025 AEST Agriculture
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Takeovers Panel Rejects Challenge to Duxton Farms’ Contested Merger

7:01am on Saturday 4th of October, 2025 AEST
Key Points
  • Panel declines to conduct proceedings on alleged undisclosed associations
  • Merger involves four unlisted entities controlled by major shareholders
  • Independent Expert finds merger 'not fair but reasonable' due to strategic benefits
  • Placement issues new shares to institutional investors including major shareholders
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