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Takeovers Panel Clears Way for IFM's Atlas Arteria Bid Despite Conditional Price Hurdles

10:00am on Thursday 1st of January, 1970 AEST Infrastructure
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Takeovers Panel Clears Way for IFM's Atlas Arteria Bid Despite Conditional Price Hurdles

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • Panel declines unacceptable circumstances declaration
  • ASIC relief enables automatic 14-day offer extension
  • Diamond Infraco restricts late acceptance discretion
  • Offer price rises to $5.10 if 45% threshold met
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