Latest Takeover Disputes News

The Takeovers Panel has extended restrictions preventing Tenstar, Samuel Holdings, Benn Whistler and their associates from dealing in DGR Global shares without prior consent. The orders preserve the existing position while the Panel considers its final response to declared unacceptable circumstances.

The Takeovers Panel has received a review application from Ida Metal Investments over orders made in the Zenith Minerals takeover matter. The application also seeks interim orders matching those imposed on 6 September, adding another procedural hurdle to the contested bid.

The Takeovers Panel has replaced previous interim orders on Forrestania Resources’ takeover bid for Zenith Minerals with fresh orders that prevent Forrestania from closing the bid until the Panel’s proceedings conclude or two months pass.

The Takeovers Panel has renewed interim orders that halt Forrestania Resources from advancing its takeover bid for Zenith Minerals without approval, including an extension of the bid deadline to 14 September 2026.

A major Zenith Minerals shareholder has lodged a formal application with the Takeovers Panel contesting Forrestania Resources’ recommended takeover bid, citing undisclosed material developments and questionable share acquisitions that may have distorted the market for control.

A Zenith Minerals shareholder has lodged an application with the Takeovers Panel, alleging Forrestania Resources failed to disclose material information around a major capital raise and acquisition, potentially misleading shareholders during its recommended takeover bid.

Frasers Group has extended the deadline for its on-market takeover bid for Accent Group shares to 30 September 2026, maintaining all other offer terms unchanged.

Frasers Group has escalated its takeover tussle for Accent Group by applying to the Takeovers Panel, disputing Accent’s claims that the offer undervalues the company and seeking orders for additional disclosure or an independent expert review.

The Takeovers Panel has directed Humm Group to cover $44,599.50 of legal costs incurred by Mr Jeremy Raper amid proceedings over shareholder disputes and misleading statements. The payment must be made within 90 days, reflecting the Panel’s finding of procedural delays and compliance failures by Humm.

Helix Resources has secured $668,286 through a placement of over 534 million shares at $0.00125 each, aiming to fund its copper and gold projects across Arizona and New South Wales.

Helix Resources pushes back against Canex Metals' challenge to its Gold Basin joint venture, affirming compliance with agreements and regulatory standards despite ongoing takeover tensions.

Echelon Resources Limited has agreed to postpone accepting Horizon Oil Limited's off-market takeover bid for Cue Energy Resources Limited shares it controls, excluding those under a pre-bid agreement, until 13 April 2026.