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Takeovers Panel - Latest News [Page 4]
Reasons For Declining Vector Exemption
Friday, 19 November 2004, 1:17 pm | Takeovers Panel
The Takeovers Panel recently declined an exemption for Vector Limited and The Australian Gas Light Company relating to a proposed acquisition of all the shares in NGC Holdings Limited. More >>
Takeovers Panel Declines Vector Exemption
Wednesday, 3 November 2004, 8:58 am | Takeovers Panel
During October the Panel received an exemption application from Vector Limited and The Australian Gas Light Company (AGL) relating to the announcement by Vector that it was to make a takeover offer for all the shares in NGC Holdings Limited at a price ... More >>
Panel Satisfied Prime Offer Complies With Code
Wednesday, 13 October 2004, 3:43 pm | Takeovers Panel
The Takeovers Panel met in Auckland on 12 October 2004 to consider the effect that a resale facility had on the terms and conditions of the takeover offer dated 4 October 2004 made by Prime Infrastructure Networks (New Zealand) Limited for all the shares ... More >>
Prime Infrastructure Exemption
Tuesday, 28 September 2004, 5:35 pm | Takeovers Panel
The Takeovers Panel today considered the unforeseen implications arising from an exemption granted to Prime Infrastructure Networks (New Zealand) Limited in respect of its proposed offer for Powerco Limited. More >>
Prime Infrastructure Exemption
Tuesday, 28 September 2004, 5:31 pm | Takeovers Panel
The Takeovers Panel today considered the unforeseen implications arising from an exemption granted to Prime Infrastructure Networks (New Zealand) Limited in respect of its proposed offer for Powerco Limited. More >>
Powerco shares
Tuesday, 21 September 2004, 4:58 pm | Takeovers Panel
Prime Infrastructure Management Limited (PIML) and Babcock & Brown Investor Services Limited are parties to a lock-up agreement with the majority shareholders of Powerco Limited. More >>
Takeovers Panel’s Reasons For Dorchester Decision
Tuesday, 14 September 2004, 3:40 pm | Takeovers Panel
The Takeovers Panel has today released its statement of reasons for the determination made on Wednesday 8 September relating to acquisitions in Dorchester Pacific Limited. More >>
Panel Not Satisfied Code Complied With
Wednesday, 8 September 2004, 5:34 pm | Takeovers Panel
Takeovers Panel Not Satisfied Brent King And Bridgecorp Complied With Code More >>
Dorchester Pacific: Possible Breach Takeovers Code
Tuesday, 31 August 2004, 10:01 am | Takeovers Panel
On 16 August 2004 Bridgecorp Capital Limited and Mr Brent King separately announced to the market a series of transactions affecting the ownership and control of Dorchester Pacific Limited. Mr King is managing director of Dorchester Pacific, a listed company. ... More >>
Panel Approves Exemptions For Contact Takeover
Thursday, 29 July 2004, 12:24 am | Takeovers Panel
The exemptions relate to Origin’s intended acquisition of the controlling interest in Contact Energy Limited currently held by subsidiaries of Edison Mission Energy. More >>
Takeovers Panel Cancels Richmond Meeting
Wednesday, 21 July 2004, 9:15 am | Takeovers Panel
The Takeovers Panel has cancelled the meeting concerning the certification of Richmond Limited’s recent target company statement. More >>
Panel Considers Richmond May Have Breached Code
Monday, 19 July 2004, 12:42 am | Takeovers Panel
The Takeovers Panel has decided to convene a meeting under section 32 of the Takeovers Act to determine whether Richmond Limited has contravened the Takeovers Code by issuing its recent target company statement without it being properly certified by the Chief ... More >>
Skycity Leisure – Takeovers Panel Appoint Expert
Monday, 12 July 2004, 12:53 am | Takeovers Panel
The Takeovers Panel has appointed Lonergan Edwards & Associates of Sydney as independent expert under rule 57 of the Code in respect of the compulsory acquisition of certain securities in SkyCity Leisure Limited being compulsorily acquired by SkyCity Auckland ... More >>
Skycity: Takeovers Panel To Appoint Ind. Expert
Friday, 25 June 2004, 11:15 am | Takeovers Panel
The Takeovers Panel is required, under rule 57 of the Code, to appoint an independent expert to determine the value of certain securities in SkyCity Leisure Limited being compulsorily acquired by SkyCity Auckland Investments Limited, a wholly owned subsidiary ... More >>
RPI Withdraws Its Complaint Against Wrightson
Thursday, 24 June 2004, 9:29 am | Takeovers Panel
The Panel has decided to cancel the meeting called under section 32(1) of the Takeovers Act 1993 relating to certain actions taken by the directors of Wrightson Limited which were allegedly defensive tactics. The meeting had been scheduled for 28 June ... More >>
Panel Rejects Tenon’s Complaint
Friday, 28 May 2004, 5:17 pm | Takeovers Panel
The Takeovers Panel met on 28 May 2004 to consider a complaint made by Tenon Limited that Rubicon Forests Limited’s announced intention to pay handling fees to brokers in connection with acceptances of Rubicon’s partial offer for Tenon was in breach ... More >>
Wrightson Valuation
Friday, 28 May 2004, 2:11 pm | Takeovers Panel
On 26 May the Takeovers Panel said that it would consider taking further action unless it received confirmation from Wrightson Limited that it would make the Cameron & Company valuation of Wrightson available to any shareholder who requests it in terms ... More >>
Panel Sets Aside Complaint
Wednesday, 26 May 2004, 4:52 pm | Takeovers Panel
The Takeovers Panel met on 26 May 2004 to consider complaints made by Rural Portfolio Investments Limited concerning Wrightson Limited’s response to its partial offer for that company. The Panel took into account Wrightson’s comments on the complaints. More >>
Determination on Latimer Holdings Ltd’s complaint
Tuesday, 25 May 2004, 9:56 am | Takeovers Panel
The Takeovers Panel met on Thursday 20 May 2004 to consider a complaint from Latimer Holdings Limited relating to Trans Tasman Properties Limited. More >>
Takeovers Panel Rejects Latimer Holdings complaint
Friday, 21 May 2004, 1:14 pm | Takeovers Panel
The Takeovers Panel met on Thursday 20 May 2004 to consider a complaint from Latimer Holdings Limited that the target company statement issued by Trans Tasman Properties Limited on 30 April 2004 in response to a takeover offer from SEA Holdings New Zealand ... More >>
