25/06/2003 In two recent decisions the Takeovers Panel stated that while bidders are free to make bids subject to due diligence-type conditions, target...
20/08/2003 Off-market takeover offers usually include a number of conditions which, if not satisfied or waived, result in the withdrawal of the offer. The...
21/08/2002 Arrangements to pay break fees are becoming more common in Australian-based transactions. However, given the anti-competitive effect that a large...
12/06/2002 Recent amendments to the Corporations Act have introduced onerous telephone monitoring requirements on bidder and target companies during takeover...
