Australian Takeover Defence Series Part 4: Tactics for initial engagement
In Part 4 of our Australian Takeover Defence Series we look at the steps following initial approach and deliberations of a takeover target.
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In Part 4 of our Australian Takeover Defence Series we look at the steps following initial approach and deliberations of a takeover target.
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In Part 3 of our Australian Takeover Defence Series we discuss the requirements in responding to the approach made by potential acquirers.
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Australia's takeover laws and regulations limit aggressive defensive tactics commonly seen in other jurisdictions. ASX-listed companies also face additional restrictions during control transactions. However, Australian takeover targets are not withou
Court Decision
The Full Federal Court’s decision in Queensland North Australia Pty Ltd v Takeovers Panel [2015] FCAFC 68 is important for any party to an application to the Takeovers Panel (the Panel). Take-home Points The reference to ‘the circumstance