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Takeovers Panel Flags Market Disruption in Mayne Pharma Deal Over Site Closure Plans
7:01am on Thursday 20th of November, 2025 AEDT
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Pharmaceuticals
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Takeovers Panel Flags Market Disruption in Mayne Pharma Deal Over Site Closure Plans
7:01am on Thursday 20th of November, 2025 AEDT
Key Points
Takeovers Panel declares unacceptable circumstances in Mayne Pharma acquisition
Cosette Pharmaceuticals changed plans to close or dispose of Salisbury manufacturing site
Market was uninformed of change in intentions between June and September 2025
Court ruled no material adverse change occurred, keeping acquisition agreement valid
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