Latest Takeovers And Mergers News

The Acting President of the Takeovers Panel has refused to impose interim restrictions on certain GWR shareholders' voting and share transfer rights, leaving the door open for a full Panel review.

A GWR shareholder has lodged an application with the Takeovers Panel alleging undisclosed control and association issues involving major nominee shareholders, raising potential breaches of the Corporations Act.

The Takeovers Panel has imposed interim orders preventing Forrestania Resources from advancing its takeover bid for Zenith Minerals without Panel consent, maintaining the status quo amid ongoing disputes.

The Takeovers Panel President has imposed interim orders preventing Tenstar Trading Limited from selling or otherwise dealing with its shares in DGR Global Limited, maintaining the status quo amid an ongoing dispute.

Quinbrook Asset Management has lodged a review application challenging a recent Takeovers Panel decision involving Kingsland Minerals. The Panel President has approved the application, but no review Panel has been formed yet.

The Takeovers Panel has declined Atlas Arteria’s bid to block Diamond Infraco from dispatching its takeover Bidder’s Statement, prolonging uncertainty over the contested offer.

The Takeovers Panel has issued final orders against Humm Group Limited following misleading statements about a Credit Corp takeover proposal and improper share acquisitions by a major shareholder. The Panel mandates corrective disclosure and divestment of shares to restore market integrity.

The Takeovers Panel has declared unacceptable circumstances in Humm Group's handling of Credit Corp's takeover proposal, citing misleading disclosures and insider share acquisitions that cloud market fairness.

The Takeovers Panel has ordered a further adjournment of Humm Group's shareholder meeting amid ongoing disputes over insider dealings and a takeover proposal. The meeting will now be held between late April and early May, prolonging uncertainty.

Rio Tinto has officially ended merger discussions with Glencore, citing an inability to reach a deal that benefits shareholders. The decision underscores Rio Tinto’s disciplined approach to long-term value creation.

Identitii Limited has voluntarily suspended trading of its deferred settlement securities following a takeover dispute initiated by Mitchell Asset Management. The suspension awaits a critical announcement on the Takeovers Panel's decision.

The Takeovers Panel has directed Emu NL and its former directors to cover a combined $41,712 in costs incurred by Wayburn Holdings during takeover proceedings, underscoring ongoing regulatory scrutiny.