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Takeovers Panel - Latest News [Page 3]

Kerifresh Shareholders Contravened Takeovers Code

Friday, 19 October 2007, 10:36 am | Takeovers Panel

The Takeovers Panel is not satisfied that certain acquisitions of shares in Kerifresh Limited since 2002 complied with the Takeovers Code. More >>

Takeovers Panel To Meet About Kerifresh

Wednesday, 10 October 2007, 5:29 pm | Takeovers Panel

The Takeovers Panel met today to consider a complaint received from Turners and Growers Limited concerning various transactions in the shares of Kerifresh Limited that have taken place since 2002. More >>

Panel Notes Proposed Humanware Transaction

Thursday, 10 May 2007, 2:23 pm | Takeovers Panel

The Takeovers Panel is aware of the proposal involving Humanware Limited that has received recent media coverage. Humanware, a Christchurch based code company, is amalgamating into a subsidiary of Jolimont Capital, an Australian private equity ... More >>

Panel to Progress Work on "Loophole"

Wednesday, 28 March 2007, 12:44 am | Takeovers Panel

The Takeovers Panel is to undertake further work to resolve the problem of schemes and amalgamations potentially being used to undermine the Takeovers Code. This follows a request by the Minister of Commerce, Hon Lianne Dalziel, that the Panel lead the ... More >>

Panel In Court On Scheme Of Arrangement

Tuesday, 7 November 2006, 10:58 am | Takeovers Panel

The Panel has recently been involved in proceedings in the High Court and the Court of Appeal in relation to a scheme of arrangement being promoted by the Dominion Funds group of companies under Part XV of the Companies Act. The Panel believes the decisions ... More >>

Dorchester Pacific Shareholders To Sell Shares

Wednesday, 23 August 2006, 9:22 am | Takeovers Panel

The Takeovers Panel has today accepted undertakings from Hugh Green Investments Limited and Mr Robert Carter to sell shares in Dorchester Pacific Limited. More >>

Takeovers Panel moves to protect shareholders

Monday, 19 June 2006, 4:34 pm | Takeovers Panel

The Takeovers Panel is seeking public comment on the use of schemes of arrangement and amalgamations to merge or acquire code companies. A code company is a listed company or a company with 50 or more shareholders and assets of $20m or more. More >>

Panel policy on schemes of arrangement

Monday, 15 May 2006, 2:58 pm | Takeovers Panel

The Takeovers Panel is concerned about the increasing use of schemes of arrangement under the Companies Act 1993 as a means of avoiding the provisions of the Takeovers Code. This issue was outlined in a recent discussion paper released by the Panel ... More >>

Contact Energy/Origin Energy Exemption Application

Thursday, 11 May 2006, 3:18 pm | Takeovers Panel

Contact Energy Limited announced yesterday that it has received in-principle approvals for the exemptions from provisions of the Takeovers Code which it had sought in relation to a proposed merger transaction with Origin Energy Limited. The Panel wishes to ... More >>

Panel Cancels Meeting On Allied Farmers' Proposal

Monday, 24 April 2006, 4:14 pm | Takeovers Panel

The Takeovers Panel has cancelled the meeting it had convened to determine whether Allied Farmers Limited’s proposed takeover offer for Prime Finance Limited complies with the Code. The meeting was to have been held on Wednesday 24 April 2006. More >>

Allied Farmers’ Proposed Offer May Not Comply

Friday, 21 April 2006, 11:55 am | Takeovers Panel

The Takeovers Panel will hold a meeting on Wednesday 26 April 2006 to determine whether Allied Farmers Limited’s proposed takeover offer for Prime Finance Limited complies with the Code. More >>

Offer For CHH Does Not Comply With Takeovers Code

Wednesday, 15 February 2006, 5:00 pm | Takeovers Panel

Rank Group Investments Limited’s proposed takeover offer for Carter Holt Harvey Limited does not comply with the Code, the Takeovers Panel has determined. More >>

Panel Welcomes Oyster Bay Decision

Tuesday, 29 November 2005, 9:07 am | Takeovers Panel

The Takeovers Panel has welcomed the High Court’s decision to cancel the partial takeover offer of Oyster Bay Marlborough Vineyards Limited by Delegat’s Wine Estate Limited. More >>

Takeovers Panel Changes Position On Oyster Bay

Friday, 18 November 2005, 2:29 pm | Takeovers Panel

The Takeovers Panel has today advised the Court that it has changed its view on remedies to resolve the takeover offer for Oyster Bay Marlborough Vineyards by Delegat’s Wine Estate Limited. More >>

Panel Returns To Court On Oyster Bay Takeover

Wednesday, 26 October 2005, 5:28 pm | Takeovers Panel

The Takeovers Panel has today filed a further application in its Wellington High Court proceedings relating to the partial takeover offer by Delegat’s Wine Estate Limited for 50.1% of the shares of Oyster Bay Marlborough Vineyards Limited. More >>

Court upholds Takeovers Panel’s application

Monday, 10 October 2005, 9:46 am | Takeovers Panel

The High Court in Wellington today issued interim orders relating to the disputed partial takeover offer for Oyster Bay Marlborough Vineyards Limited by Delegat’s Wine Estate Limited. More >>

Takeovers Panel to seek Court remedies

Tuesday, 4 October 2005, 5:30 pm | Takeovers Panel

The Takeovers Panel is to file proceedings in the High Court seeking orders from the Court that prescribe remedies for the situation which has developed in the Delegat’s takeover offer for Oyster Bay. More >>

Takeovers Panel Finds Oyster Bay Contravened Code

Thursday, 22 September 2005, 4:35 pm | Takeovers Panel

The Takeovers Panel met on 20 September 2005 to consider complaints by Peter Yealands Investments Limited and Mr David Rankin about the target company statement issued by Oyster Bay Marlborough Vineyards Limited in response to Delegat’s Wine Estate ... More >>

Complaint Re Shareholders of Dorchester Pacific

Monday, 19 September 2005, 1:14 pm | Takeovers Panel

The Takeovers Panel received a complaint made by the New Zealand Shareholders Association in connection with the exercise of voting rights at a recent annual general meeting of Dorchester Pacific Limited by Bridgecorp Holdings Limited and Hugh Green Investments ... More >>

Takeovers Panel To Meet On Oyster Bay

Wednesday, 14 September 2005, 5:27 pm | Takeovers Panel

The Takeovers Panel will hold a meeting under section 32 of the Takeovers Act 1993 to determine whether to use its powers in relation to Oyster Bay Marlborough Vineyards Limited (Oyster Bay). Oyster Bay is currently the subject of a partial takeover offer ... More >>

   

 
 
 
 
 

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