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Takeovers Panel Halts Forrestania’s Zenith Bid Pending Review
8:34am on Monday 3rd of August, 2026 AEST
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Mining
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Takeovers Panel Halts Forrestania’s Zenith Bid Pending Review
8:34am on Monday 3rd of August, 2026 AEST
Key Points
Interim orders block Forrestania from processing Zenith bid acceptances
Forrestania cannot declare bid free from defeating conditions
Orders effective until Panel’s further decision or two months
Applications lodged by Harvest Lane and Ida Metal prompt Panel action
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