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Why TPC’s $1 Billion Acquisition Faces a Crucial FIRB Delay
8:25am on Monday 1st of December, 2025 AEDT
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Utilities
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Why TPC’s $1 Billion Acquisition Faces a Crucial FIRB Delay
8:25am on Monday 1st of December, 2025 AEDT
Key Points
FIRB approval for Wollar Holding’s acquisition of TPC not obtained by November 28 deadline
Wollar Holding requests extension for FIRB review, delaying scheme implementation
If no agreement reached within five business days, transaction may be terminated
TPC continues to operate independently and will update shareholders on material changes
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