Lessons from the Takeovers Panel decision in Austock Group Limited *

Australia - September 7 2012
The recent August 2012 Takeovers Panel decision in Austock Group Limited (for whom Baker & McKenzie were acting) has significant implications for prospective bidders, particularly in relation to bid funding. 

Co-authors: Richard Lustig.

Purchases of greater than 20% stakes by way of ASIC approved tender offer *

Australia - February 10 2012
The rarely used ASIC tender offer process provides a useful mechanism for the purchase of a stake of greater than 20% outside the traditional takeover mechanisms. 

Co-authors: Richard Lustig.