Sentences with phrase «truth in takeovers»
Australia's largest dairy processor, Murray Goulburn, has alleged its rival bidder, Canadian company Saputo, has contravened the «truth in takeovers» regulation, and that WCB shares have been trading on the basis of misinformation.
http://www.abc.net.au/
If action is taken, it is likely to focus on director's duties and truth in takeovers provisions.
Saputo has been barred from processing acceptances for its offer after Murray Goulburn made a submission to the Takeover's Panel claiming the Montreal - based group had contravened the truth in takeovers provision.
Murray Goulburn complained to the Panel that Saputo's revised bid, which saw WCB take an offer of two fully - franked special dividends off the table, implied a reduction in the value of the offer and contravened the truth in takeovers provision.
Not exact matches
Don't be mistaken: Even Democrats who voted against the climate bill lost seats.Here's an inconvenient truth you won't see highlighted in stories about the takeover of the House by a seemingly inexhaustible army of climate zombies: While more than two dozen incumbents who voted for the climate bill lost their seats, even more Democrats who voted against the climate bill lost theirs.
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