Latest Takeovers Panel News

Zenith Minerals and Forrestania Resources have amended their takeover implementation deed, updating key terms including offer conditions, board changes, and break fees as Forrestania pursues control.

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 declined to investigate allegations against Central Asia Metals' proposed acquisition of Cygnus Metals, citing insufficient evidence and procedural prematurity. Cygnus has committed to safeguards addressing conflict of interest concerns.

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.

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.

The Takeovers Panel has received an application alleging undisclosed associations and possible breaches of takeover laws following a massive off-market transfer of Adslot shares valued at $723,870.

Samuel Holdings has agreed not to trade its shares in DGR Global without Takeovers Panel approval, locking in its stake during ongoing proceedings sparked by Jeremy Raper's application.

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.

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.