Scoop has an Ethical Paywall
Takeovers Panel Responds Mainfreight’s Complaint
Takeovers Panel Responds To Mainfreight’s Complaint
The Takeovers Panel has received a complaint on behalf of Mainfreight Limited. The complaint relates to Owens Group Limited’s response to Mainfreight’s takeover offer of 15 August 2003.
The complaint alleged that, in order to comply with rule 18 of the Takeovers Code, certain financial disclosures should have been made in the target company statement issued by Owens.
The Panel obtained comments from Owens on Mainfreight’s allegations.
The Panel considered Mainfreight’s complaint and Owens’ response at a meeting held today.
On the basis of the information
before it the Panel decided to take no further action in
relation to the complaint. The Panel reserves the right to
reconsider the issues raised in the complaint.
Bill Bennett: Download Weekly - Review Of 2024
Bill Bennett: One NZ scores worldwide first as Starlink direct-to-mobile launches
Hugh Grant: How To Reduce Network Bottlenecks
Dominion Road Business Association: Auckland Transport's 'Bus To The Mall' Campaign: A Misuse Of Public Funds And A Blow To Local Businesses
Parrot Analytics: A Very Parrot Analytics Christmas, 2024 Edition
Financial Markets Authority: Individual Pleads Guilty To Insider Trading Charges
