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Takeovers Panel Orders Divestment and Disclosure Over Humm Group Misleading Statements
7:48pm on Friday 10th of April, 2026 AEST
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Financial Services
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Takeovers Panel Orders Divestment and Disclosure Over Humm Group Misleading Statements
7:48pm on Friday 10th of April, 2026 AEST
Key Points
Panel finds Humm board made misleading statements on Credit Corp offer
Major shareholder's 3% share acquisition deemed unacceptable
Orders require independent board committee to disclose updated views
15 million shares to be divested by ASIC on behalf of shareholder entity
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