Takeovers Panel

Takeovers Panel

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  • Guidance
    • Code Word
    • Guidance by topic
  • Legislation
    • Takeovers Code
    • Takeovers Act 1993
    • Takeovers (Fees) Regulations 2001
    • Companies Act 1993
    • Bills before the House
    • Financial Markets Conduct Act (Takeovers Panel) Exemption Notice 2015
  • Exemptions
    • Class Exemptions
    • Individual Exemptions
  • Enforcement
    • Transactions
    • Panel Decisions
  • The Panel
    • Panel Members
    • About the Panel
    • Panel Executive
    • News Items
    • Statutory Information
    • Consultation and Recommendations
    • Information for Shareholders
    • Panel policies
    • MOUs

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  • Guidance
    • Code Word
      • Code Word 01 - February 2001
      • Code Word 02 - June 2001
      • Code Word 03 - September 2001
      • Code Word 04 - December 2001
      • Code Word 05 - May 2002
      • Code Word 06 - September 2002
      • Code Word 07 - September 2002
      • Code Word 08 - December 2002
      • Code Word 09 - April 2003
      • Code Word 10 - October 2003
      • Code Word 11 - March 2004
      • Code Word 12 - June 2004
      • Code Word 13 - January 2005
      • Code Word 14 - April 2005
      • Code Word 15 - November 2005
      • Code Word 16 - May 2006
      • Code Word 17 - November 2006
      • Code Word 18 - December 2006
      • Code Word 19 - April 2007
      • Code Word 20 - May 2007
      • Code Word 21 - September 2007
      • Code Word 22 - December 2007
      • Code Word 23 - June 2008
      • Code Word 24 - December 2008
      • Code Word 25B - July 2010
      • Code Word 26 - April 2010
      • Code Word 27 - July 2010
      • Code Word 28 - February 2011
      • Code Word 30 - February 2012
      • Code Word 29 - September 2011
      • Code Word 31 - June 2012
      • Code Word 32 - November 2012
      • Code Word 33 - April 2013
      • Code Word 34 - May 2013
      • Code Word 35 - November 2013
      • Code Word 36 - May 2014
      • Code Word 37 - October 2014
      • Code Word 38 - March 2015
      • Code Word 39 - April 2015
      • Code Word 40 - September 2015
      • Code Word 41 - December 2015
      • Code Word 42 - October 2016
      • Code Word 43 - December 2016
      • Code Word 44 - June 2017
      • Code Word 45 - December 2017
    • Guidance by topic
      • Control and Association
      • Control and Association (Archived)
      • Collateral Arrangements (Archived)
      • Creeping under rule 7(e)
      • Creeping under rule 7(e)(Archived)
      • Defensive Tactics
      • Defensive Tactics (Archived)
      • Exemptions
      • Exemptions (Archived)
      • Fees and Charges
      • Historical Documents (Archived)
      • Independent Advisers
      • Independent Advisers (Archived)
      • Information for Directors
      • Information for Shareholders
      • Limited Partnerships
      • Lock-Up Agreements
      • Lock-Up Agreements (Archived)
      • Misleading or Deceptive Conduct (Archived)
      • Misleading or Deceptive Conduct
      • Offer Documents
      • Offer Documents (Archived)
      • Panel's Receipt of Takeover Documents
      • Process for Costs Reimbursements under the Takeovers Act 1993
      • Rule 20 of the Code and Collateral Arrangements in a Takeover
      • Schemes of Arrangement
      • Schemes of Arrangement (Archived)
      • Section 32 Procedure - February 2014
      • Small Code companies and Compliance with the Takeovers Code
      • Small Code companies (Archived)
      • Target Company Statements
      • Target Company Statements (Archived)
      • Timing Rules in the Code
      • Timing Rules in the Code (Archived)
      • Upstream Acquisitions
      • Upstream Acquisitions (Archived)
      • Variation of Offers
  • Legislation
    • Takeovers Code
    • Takeovers Act 1993
    • Takeovers (Fees) Regulations 2001
    • Companies Act 1993
    • Bills before the House
    • Financial Markets Conduct Act (Takeovers Panel) Exemption Notice 2015
  • Exemptions
    • Class Exemptions
    • Individual Exemptions
      • A2 Corporation Limited - Exemption Notice 2010
      • A2 Corporation Limited - Exemption Notice 2008
      • A2 Corporation Limited - Exemption Notice 2005
      • A2 Corporation Limited - Exemption Amendment Notice 2010
      • Abano Healthcare Group Limited - Exemption Notice 2009
      • Abano Healthcare Group Limited - Exemption Notice 2008
      • A.B.C. Learning Centres Limited - Exemption Notice 2004
      • ABN AMRO Craigs Limited - Exemption Notice 2008
      • ABN AMRO Capital (Belgium) N.V. - Exemption Notice 2002
      • Active Equity Managers Limited - Exemption Notice 2006
      • Acurity Health Group Limited - Exemption Notice 2015
      • AFFCO Holdings Limited - Exemption Notice 2006
      • AFFCO Holdings Limited - Exemption Notice (No 2) 2006
      • AFFCO Holdings Limited - Exemption Notice 2002
      • Air New Zealand Limited - Exemption Notice 2001
      • AMP NZ Office Limited - Exemption Notice 2011
      • AMP NZ Office Limited - Exemption Notice 2010
      • Auckland Energy Consumer Trust - Exemption Notice 2014
      • Auckland Energy Consumer Trust - Exemption Notice 2009
      • Auckland Energy Consumer Trust - Exemption Notice 2005
      • Auckland Energy Consumer Trust - Exemption Notice (No 2) 2005
      • Auckland Energy Consumer Trust - Exemption Notice 2004
      • Bacardi New Zealand Holdings Limited - Exemption Notice 2006
      • Beauty Direct and Online Limited - Exemption Notice 2005
      • Bethunes Investments Limited - Exemption Notice 2017
      • Biovittoria Limited - Exemption Notice 2009
      • Biovittoria Limited - Exemption Amendment Notice 2010
      • BLIS Technologies Limited - Exemption Notice 2009
      • Blue Star Print Group Limited - Exemption Notice 2006
      • Botry-Zen Limited - Exemption Notice 2005
      • Brunel Holdings plc - Exemption Notice 2002
      • Burger Fuel Worldwide Limited - Exemption Notice 2014
      • Burns Philp Finance New Zealand Limited - Exemption Notice 2006
      • CanWest MediaWorks (NZ) Limited - Exemption Notice 2007
      • Canadian National Railway Company - Exemption Notice 2001
      • Capital Properties New Zealand Limited - Exemption Notice 2005
      • Chow Group Limited - Exemption Notice 2016
      • Chow Group Limited - Exemption Notice (No 2) 2016
      • Claridge Capital Limited - Exemption Notice 2012
      • Craigs Investment Partners Limited - Exemption Notice 2010
      • Cynotech Holdings Limited - Exemption Notice 2009
      • Cynotech Holdings Limited - Exemption Notice (No 2) 2009
      • Dairy Trust Limited - Exemption Notice 2008
      • Data Advantage Limited - Exemption Notice 2001
      • Data Advantage Limited - Exemption Notice 2001
      • Delegat's Group Limited) - Exemption Notice 2006
      • Delegat's Group Limited - Exemption Notice 2006
      • Delegat's Group Limited - Exemption Notice 2010
      • Delegat’s Group Limited - Exemption Notice 2009
      • Delegat’s Wine Estate Limited - Exemption Notice 2010
      • Designer Textiles (NZ) Limited - Exemption Notice 2002
      • Diageo plc - Exemption Notice 2005
      • Dorchester Pacific Limited - Exemption Notice 2010
      • Dorchester Turners Limited - Exemption Notice 2014
      • Durante Holdings Pty Limited - Exemption Notice 2011
      • Eastern Bay Energy Trust - Exemption Notice 2013
      • Eastern Bay Energy Trust - Exemption Notice 2007
      • Eastern Bay Energy Trust - Exemption Notice 2002
      • Eastern Hi Fi Group Limited - Exemption Notice 2009
      • E-cademy Holdings Limited - Exemption Notice 2001
      • ElderCare New Zealand Limited - Exemption Notice 2002
      • Equity Partners Infrastructure Company No 1 Limited) - Exemption Notice 2014
      • Evolve Education Group Limited - Exemption Notice 2014
      • Fidelity Life Assurance Company Limited - Exemption Notice 2006
      • Fisher & Paykel Industries Limited and Others - Exemption Notice 2001
      • Foodstuffs North Island Limited - Exemption Notice 2014
      • Force Corporation Limited - Exemption Notice 2001
      • Fulton Hogan Ltd - Exemption Notice 2015
      • Fulton Hogan Limited - Exemption Notice 2009
      • Fulton Hogan Limited - Exemption Notice 2007
      • Fulton Hogan Limited - Exemption Notice (No 2) 2007
      • Fulton Hogan Limited - Exemption Amendment Notice 2014
      • GeoOp Limited - Exemption Notice 2016
      • GeoOp Limited - Exemption Notice 2017
      • Guinness Peat Group plc - Revocation of Exemption Notice 2003
      • High Glory Investments Limited - Exemption Notice (No 2) 2005
      • High Glory Investments Limited - Exemption Notice (No 2) 2005
      • ICP Biotechnology Limited - Exemption Notice 2007
      • Independent Newspapers Limited - Exemption Notice 2003
      • Infinity Group Limited - Exemption Notice 2001
      • Infratil Limited - Exemption Notice 2010
      • Infratil Limited - Exemption Notice 2008
      • Infratil Limited - Exemption Notice 2004
      • ING Property Trust Holdings Limited - Exemption Notice 2005
      • IT Capital Limited - Exemption Notice 2002
      • IT Capital Limited - Exemption Notice (No 2) 2002
      • IT Capital Limited - Exemption Notice 2003
      • Jade Software Corporation Limited - Exemption Notice 2003
      • Just Water International Limited - Exemption Notice 2009
      • Just Water International Limited - Exemption Notice (No 2) 2009
      • Just Water International Limited - Exemption Notice (No 3) 2009
      • Just Water International Limited - Exemption Notice 2005
      • Kathmandu Holdings Limited - Exemption Notice 2015
      • Kerifresh Limited - Exemption Notice 2008
      • Kidicorp Group Limited - Exemption Notice 2007
      • Kingsgate International Corporation Limited - Exemption Notice 2004
      • L&M Energy Limited - Exemption Notice 2012
      • L&M Energy Limited - Exemption Notice 2010
      • L&M Petroleum Limited - Exemption Notice 2009
      • Life Pharmacy Limited - Exemption Notice 2009
      • Life Pharmacy Limited - Exemption Notice 2007
      • Mainfreight Limited - Exemption Notice 2003
      • Martinborough Vineyard Estates Limited Exemption Notice 2014
      • Mascot Finance Limited - Exemption Notice 2008
      • Metlifecare Limited) - Exemption Notice 2006
      • Metlifecare Limited - Exemption Notice 2009
      • Metlifecare Limited - Exemption Notice 2007
      • Metlifecare Limited - Exemption Notice 2005
      • MFS Limited - Exemption Notice 2006
      • Michael Hill International Limited - Exemption Notice 2010
      • Michael Hill International Limited - Exemption Notice 2014
      • Mike Pero Mortgages Limited - Exemption Notice 2006
      • Millennium & Copthorne Hotels New Zealand Limited and CDL Investments New Zealand Limited - Exemption Notice 2017
      • Mr Chips Holdings Limited - Exemption Notice 2008
      • MWH Holdings Limited - Exemption Notice 2016
      • Neuren Pharmaceuticals Limited - Exemption Notice 2016
      • New Image Group Limited - Exemption Notice 2013
      • Newmont Group Reorganisation - Exemption Notice 2002
      • Newmont Mining Corporation - Exemption Notice 2002
      • New Zealand Clearing Limited and New Zealand Depository Limited - Exemption Notice 2010
      • New Zealand Experience Limited - Exemption Notice 2009
      • New Zealand Finance Holdings Limited - Exemption Notice 2006
      • New Zealand Finance Holdings Limited - Exemption Notice 2005
      • New Zealand Local Government Insurance Corporation Limited - Exemption Notice 2010
      • Normandy NFM Limited - Exemption Notice 2001
      • Normandy NFM Limited - Exemption Notice 2002
      • NZ Airport NC Limited - Exemption Notice 2008
      • NZ Airport NC Limited - Exemption Notice 2007
      • NZ Windfarms Limited - Exemption Notice 2010
      • Open Country Dairy Limited - Exemption Notice 2012
      • Open Country Dairy Limited - Exemption Notice (No 2) 2012
      • Open Country Dairy Limited - Exemption Notice 2010
      • Opus International Consultants Limited - Exemption Notice 2009
      • Opus International Consultants Limited - Exemption Notice 2014
      • Orb a.r.l. - Exemption Notice 2002
      • Orb (a.r.l.) - Exemption Amendment Notice 2002
      • Origin Energy New Zealand Limited - Exemption Notice 2004
      • Ormiston Surgical & Endoscopy Limited - Exemption Notice 2011
      • Pacific Print Group - Exemption Notice 2006
      • Pacific Print Group Limited - Exemption Notice 2005
      • Pacific Print Group Limited - Exemption Notice (No 2) 2005
      • Pacific Retail Group Limited and ElderCare New Zealand Limited - Exemption Notice 2002
      • Pacific Retail Group Limited and ElderCare New Zealand Limited - Exemption Notice 2003
      • Pen Investments Limited - Exemption Notice 2007
      • Pernod Ricard S.A. - Exemption Notice 2005
      • Pharmacybrands Limited - Exemption Notice 2012
      • Pharmacybrands Limited - Exemption Notice 2007
      • Phitek Systems Limited - Exemption Notice 2009
      • Phitek Systems Limited - Exemption Notice 2008
      • Phitek Systems Limited - Exemption Notice (No 2) 2008
      • Pike River Coal Limited - Exemption Notice 2010
      • Pike River Coal Limited - Exemption Notice 2009
      • Pike River Coal Limited - Exemption Notice 2007
      • Prime Infrastructure Networks (New Zealand) Limited - Exemption Notice 2004
      • Pyne Gould Corporation Limited - Exemption Notice 2011
      • Rakon Limited - Exemption Notice 2006
      • Rangatira Limited Exemption Notice (No 2) 2014
      • Rangatira Limited - Exemption Notice 2014
      • Rangatira Limited - Exemption Notice 2009
      • Rangatira Limited - Exemption Notice 2017
      • Renaissance Corporation Limited - Exemption Notice 2005
      • RetailX Limited - Exemption Notice 2005
      • Revocation of Exemptions Notice 2011
      • Revocation of Guinness Peat Group plc - Exemption Notice 2003
      • Richina Pacific Limited - Exemption Notice 2002
      • Richina Pacific Limited - Exemption Amendment Notice 2003
      • Richmond Limited - Exemption Notice 2003
      • Richmond Limited - Exemption Amendment Notice 2003
      • Richmond Limited - Exemption Notice 2004
      • RLV No. 3 Limited - Exemption Notice 2008
      • Rubicon Forests Limited - Exemption Notice 2004
      • Rubicon Limited - Exemption Notice 2009
      • Rural Portfolio Investments Limited - Exemption Notice 2004
      • S8 Limited and S 8 NZ Pty Limited - Exemption Notice 2006
      • Sanford Limited
      • Sanford Limited - Exemption Notice 2005
      • Sanford Limited - Exemption Notice (No 2) 2006
      • Scales Corporation Limited - Exemption Notice 2014
      • Scott Technology Limited - Exemption Notice 2016
      • SeaDragon Limited - Exemption Notice 2016
      • Sealegs Corporation - Exemption Amendment Notice 2007
      • Sealegs Corporation Limited - Exemption Notice 2007
      • Silver Fern Farms Limited - Exemption Notice 2008
      • Skellerup Holdings Limited) Exemption Notice 2011
      • SK Foods International - Exemption Notice 2003
      • SKYCITY Leisure Limited - Exemption Notice 2004
      • Smith & Caughey Holdings Limited - Exemption Notice 2013
      • Software of Excellence International Limited - Exemption Notice 2007
      • South Canterbury Finance Limited - Exemption Notice 2008
      • Southern Travel Holdings Limited - Exemption Notice 2009
      • Speirs Group Limited - Exemption Notice 2009
      • Speirs Group Limited - Exemption Notice 2006
      • Speirs Group Limited - Exemption Notice 2011
      • St Laurence Holdings Limited - Exemption Notice 2005
      • St Laurence Property & Finance Limited - Exemption Notice 2003
      • St Laurence Property & Finance Limited - Exemption Notice 2006
      • Synlait Farms Limited - Exemption Notice 2014
      • Synlait Milk Limited - Exemption Notice 2013
      • Synlait Limited - Exemption Notice 2008
      • Talleys Fisheries Limited - Exemption Notice 2007
      • Tauranga Energy Consumer Trust - Exemption Notice 2007
      • Tauranga Energy Consumer Trust - Exemption Notice 2008
      • Tauranga Energy Consumer Trust - Exemption Notice 2003
      • Tauranga Energy Consumer Trust - Exemption Notice 2016
      • Tauranga Energy Consumer Trust - Exemption Notice (No 2) 2016
      • Te Kairanga Wines Limited - Exemption Notice 2004
      • Te Kairanga Wines Limited - Exemption Notice 2009
      • Te Kairanga Wines Limited - Exemption Notice 2007
      • Tegel Group Holdings Limited - Exemption Notice 2016
      • The Tindall Foundation - Exemption Notice 2006
      • The Todd Corporation Limited - Exemption Notice 2002
      • The Todd Corporation Limited - Exemption Notice 2011
      • The Todd Corporation Limited - Exemption Notice 2007
      • The Todd Corporation Limited - Exemption Notice (No 2) 2007
      • The Todd Corporation Limited - Exemption Notice 2004
      • The Todd Corporation Limited - Exemption Notice (No 2) 2004
      • The Todd Corporation Limited - Exemption Notice 2016
      • The Warehouse Group Limited - Exemption Notice (No 2) 2010
      • The Warehouse Group Limited - Exemption Notice 2016
      • Training Solutions Plus Limited - Exemption Notice 2006
      • Trade Me Group Limited - Exemption Notice 2011
      • Trans Tasman Properties Limited - Exemption Notice 2004
      • TRS Investments Limited - Exemption Notice 2014
      • TrustPower Limited - Exemption Notice 2003
      • Trustpower Limited Demerger - Exemption Notice 2016
      • Tru-Test Corporation Limited - Exemption Notice 2014
      • Tru-Test Corporation Limited - Exemption Notice (No. 2) 2014
      • Tru-Test Corporation Limited - Exemption Amendment Notice 2014
      • Utilico Limited - Exemption Notice 2007
      • Utilico Limited - Exemption Notice (No 2) 2007
      • Vector Limited - Exemption Notice 2005
      • Vehicle Inspection New Zealand Limited - Exemption Notice 2013
      • Vending Technologies Limited - Exemption Notice 2003
      • Veritas Investments Limited - Exemption Notice 2013
      • Veritas Investments Limited - Exemption Notice (No 2) 2013
      • Viking Capital Limited - Exemption Notice 2006
      • Viking Capital Limited - Exemption Notice 2007
      • VTL Group Limited - Exemption Notice 2004
      • Wakefield Health Limited - Exemption Notice 2005
      • Wakefield Health Limited - Exemption Notice 2012
      • Wellington Drive Technologies Limited - Exemption Notice 2013
      • Wellington Drive Technologies Limited - Exemption Notice 2006
      • Wellington Drive Technologies Limited - Exemption Notice 2017
      • Westgate Power Centre Limited - Exemption Notice 2007
      • Westgate Power Centre Limited - Exemption Notice 2009
      • Wrightson Limited - Exemption Notice 2005
      • Wrightson Limited - Exemption Notice 2004
      • Z Energy Limited - Exemption Notice 2013
      • Zintel Group Limited - Exemption Notice 2008
  • Enforcement
    • Transactions
    • Panel Decisions
      • Abano Healthcare Group Limited - 30 June 2008
      • Allied Domecq Plc and/or Millstream Equities Limited - 6 July 2001
      • Bridgecorp Capital Limited - 6 & 7 September 2004 - Determination
      • Bridegcorp Capital Limited - 6 & 7 September 2004 - Reasons for Determination
      • Calgary Petroleum Limited - 30 June 2005
      • Dominion Retail Fund Property Limited - 17 December 2003
      • E-cademy Holdings Limited - 1 August 2001
      • Gould Holdings Limited - 3 March 2003
      • GPG Forests Limited / Rubicon Limited - 5 September 2002
      • Horizon Energy Distribution Limited - 12 & 22 March 2010
      • International Marine Services Limited / Submarines Australasia Limited - 27 November 2002
      • Kerifresh Limited - 22 November 2007 - Statement of Reasons
      • Kerifresh Limited - 16 October 2007
      • Lion Nathan Limited / Lion Nathan Enterprises Limited - 16 July 2001
      • Lowe Corporation Limited / Blue Sky Meats (N.Z.) Limited - 4 November 2002
      • Otago Power Limited - 17 May 2002
      • Otago Power Limited - 29 May 2002
      • Oyster Bay Marlborough Vineyards Limited - 20 September 2005 - Determination
      • Oyster Bay Marlborough Vineyards Limited - 20 September 2005 - Reasons for Determination
      • Powerco Limited - 12 October 2004 - Statement of Reasons
      • Radius Properties Limited - 1 March 2013
      • Rank Group Investments Limited - 13 February 2006
      • Richmond Limited / PPCS Limited - 30 January 2003
      • Rubicon Limited - 19 May 2004
      • Rubicon Limited - 10 June 2009
      • Seafresh New Zealand Limited - 26 June 2002
      • Trans Tasman Properties Limited - 20 May 2004
      • TrustPower Limited - 14 April 2003
      • Tranz Rail Holdings Limited - 4 August 2003
      • Vector Limited - 18 November 2004
  • The Panel
    • Panel Members
    • About the Panel
      • Takeovers Code Overview
    • Panel Executive
    • News Items
      • Panel Prepares For New Code - John King, Chairman of Takeovers Panel (February 2001)
      • Public Comment Sought On Class Exemptions From The Takeovers Code - John King (16 March 2001)
      • Restraining Order On Millstream Equities Limited - (01 July 2001)
      • New Restraining Order On Millstream Equities Limited - (06 July 2001)
      • Restraining Order On Lion Nathan Enterprises Limited - (11 July 2001)
      • Interim Restraining Order on Shareholder of E-cademy Holdings Limited - (25 July 2001)
      • E-cademy Holdings Limited - (02 August 2001)
      • Code Breach By Montana Group (N.Z.) Limited - (23 August 2001)
      • Swain welcomes NZ appointment to Australian Takeovers Panel - (29 January 2002)
      • Trans-Tasman Appointment To The Takeovers Panel - (29 January 2002)
      • Otago Power Limited - (10 May 2002)
      • Otago Power Limited - Restraining Order - (10 May 2002)
      • Otago Power Limited - 3rd meeting notice - (15 May 2002)
      • Otago Power Limited - New Restraining Order & 4th Notice of Meeting - (16 May 2002)
      • Takeovers Panel decisions relating to Otago Power Limited - (19 May 2002)
      • Bluesparks & Others restrained from making new offer to some Otago Power Limited shareholders - (23 May 2002)
      • Takeovers Panel convenes another meeting on Otago Power Limited - (28 May 2002)
      • Determinations and Restraining Order - Otago Power Limited - (31 May 2002)
      • Seafresh New Zealand Limited Notice of Meeting and Restraining Order - (19 June 2002)
      • Shareholders to make decision on Seafresh purchase - buyers to bear costs - (18 July 2002)
      • Seafresh Buyers did not Comply With the Takeovers Code - (27 June 2002)
      • Market makes heavy demands on Takeovers Panel - (23 August 2002)
      • Takeovers Panel meetings on offer by GPG Forests Limited for Rubicon shares - (30 August 2002)
      • GPG Forests / Rubicon - offer would not comply with Code - (06 September 2002)
      • Panel declines GPG Forests Limited's request - (20 September 2002)
      • Lowe Corporation Limited's Blue Sky Meats offer may not comply with the Takeovers Code - (29 October 2002)
      • Takeovers Panel clears Lowe Corporation's offer for Blue Sky Meats - (6 November 2002)
      • International Marine Services Limited and Submarines Australasia Limited may not intend to comply with the Takeovers Code - (25 November 2002)
      • Takeovers Panel determination on International Marine Services Limited and Submarines Australasia Limited - (28 November 2002)
      • Richmond / PPCS meeting- (24 January 2003)
      • Takeovers Panel clears PPCS offer for Richmond Limited - (01 February 2003)
      • Takeovers Panel to hold meeting on Gould Holdings Limited and Designer Textiles (N.Z.) Limited - (26 February 2003)
      • Gould Holdings Limited, the Rutherford family and Designer Textiles (N.Z.) Limited - (07 March 2003)
      • Designer Textiles (N.Z.) Limited and Mr Kevin Arscott - (19 March 2003)
      • TrustPower Limited buyback may not comply with the Takeovers Code - (10 April 2003)
      • Determination and Restraining Order - TrustPower Limited - (16 April 2003)
      • Panel grants exemption for TrustPower Limited - (24 April 2003)
      • Panel seeks comments on proposed exemption for shareholders of Richmond Limited - (20 May 2003)
      • Takeovers Panel exempts shareholders of Richmond Limited - (03 June 2003)
      • Takeovers Panel consents to withdrawal of Toll offer for Tranz Rail - (07 July 2003)
      • Takeovers Panel seeks comment on exemption for GPG - (10 July 2003)
      • Takeovers Panel grants exemption to GPG for Tower - (15 July 2003)
      • Takeovers Panel to meet on Toll's Agreement with the Crown - (29 July 2003)
      • Takeovers Panel to meet on GPG and Tower - (31 July 2003)
      • Guinness Peat Group PLC and The Panel - (06 August 2003)
      • Toll's Agreement with the Crown is Outside Code Constraints - (06 August 2003)
      • Takeovers Panel Responds to Mainfreight's Complaints - (12 September 2003)
      • Cedenco Foods shareholders can object to SK Foods compulsory acquisition price - (26 September 2003)
      • Takeovers Panel to meet on Dominion Retail's offer for Tri-City - (10 December 2003)
      • Panel Seeks Urgent Comment on Ngai Tahu Exemption Request - (15 December 2003)
      • Panel Declines Exemption Request from Ngai Tahu Holdings - (18 December 2003)
      • Offer For Tri-city Properties Does Not Comply With Code - (19 December 2003)
      • Proposed Class Exemption for Professional Underwriters - 19 February 2004
      • Shotover Jet - Takeovers Panel to Appoint an Independent Expert - 05 March 2004
      • Shotover Jet - Takeovers Panel Appoints Independent Expert - 16 March 2004
      • Panel exemption for Rubicon Forests Limited - 26 April 2004
      • Panel to meet on Trans Tasman Properties in response to request - 13 May 2004
      • Takeovers Panel to meet on Tenon / Rubicon matter - 14 May 2004
      • Restaurant Brands takeover notice withdrawn at Takeovers Panel's request - 18 May 2004
      • Takeovers Panel Rejects Latimer Holdings Limited's complaint concerning Trans Tasman Properties Limited - 20 May 2004
      • Takeovers Panel finds Tenon has not contravened Code - 21 May 2004
      • Takeovers Panel determination on Latimer Holdings Limited's complaint concerning Trans Tasman Properties Limited - 24 May 2004
      • Panel sets aside complaint but considers more disclosure by Wrightson may be required - 26 May 2004
      • Wrightson valuation to be made available to shareholders - 28 May 2004
      • Panel Rejects Tenon's Complaint Regarding Broker Handling Fees - 28 May 2004
      • Panel to Convene Meeting on Rural Portfolio Investments Limited's Complaint Against Wrightson Limited - 22 June 2004
      • Panel Permits Rural Portfolio Investments Limited to Withdraw its Complaint Against Wrightson Limited - 23 June 2004
      • SkyCity Leisure - Takeovers Panel to Appoint an Independent Expert - 25 June 2004
      • SkyCity Leisure - Takeovers Panel Appoint Independent Expert - 09 July 2004
      • Takeovers Panel Considers Richmond May Have Breached Code - 19 July 2004
      • Takeovers Panel Cancels Richmond Meeting - 20 July 2004
      • Panel Approves Exemptions for Contact Takeover - 29 July 2004
      • Bridgecorp Capital and Brent King May Have Breached the Takeovers Code Over Dorchester Pacific - 30 August 2004
      • Takeovers Panel Not Satisfied Brent King and Bridgecorp Complied with Code - 8 September 2004
      • Takeovers Panel's Reasons for Dorchester Decision - 14 September 2004
      • Prime Infrastructure agreed to sell down Powerco shares before making takeover offer - 21 September 2004
      • Bridgecorp and King give enforceable undertakings to sell shares and cancel agreements - 24 September 2004
      • Prime Infrastructure Exemption re Offer for Powerco - 28 September 2004
      • Powerco Resale Arrangement May Not Comply With Code - 05 October 2004
      • Takeovers Panel's Reasons for Powerco Decision - 15 October 2004
      • Takeovers Panel Declines Vector Exemption - 02 November 2004
      • Takeovers Panel's Reasons for Declining Vector Exemption - 19 November 2004
      • Takeovers Panel Declines Further Vector Exemption - 26 November 2004
      • Complaint Regarding Northland Regional Council Proposed Sale of Shares in Northland Port Corporation to Ports of Auckland - 17 December 2004
      • Complaint Regarding Proposed Sale by Capital Properties of its Management Rights - 20 January 2005
      • Minister of Commerce: King re-appointed Chair of Takeovers Panel - 26 January 2005
      • Minister of Commerce: Byrne to be re-appointed to Takeovers Panel - 27 May 2005
      • Takeovers Panel to Meet On Calgary Petroleum - 23 June 2005
      • Calgary Shareholders Complied With Takeovers Code - 6 July 2005
      • Takeovers Panel to Meet on Oyster Bay - 14 September 2005
      • Complaint Regarding Shareholders of Dorchester Pacific - 19 September 2005
      • Takeovers Panel Finds Oyster Bay Contravened the Code - 22 September 2005
      • Takeovers Panel's Reason for Oyster Bay Decision - 27 September 2005
      • Takeovers Panel to seek Court remedies for Oyster Bay shareholders - 4 October 2005
      • Court upholds Takeovers Panel's application for orders restraining Delegat's and Oyster Bay - 7 October 2005
      • Takeovers Panel Returns to Court on Oyster Bay Takeover - 26 October 2005
      • Takeovers Panel Changes Position on Oyster Bay - 18 November 2005
      • Panel Welcomes Oyster Bay Decision - 28 November 2005
      • Takeovers Panel Considers Rank's Proposed Offer May Not Comply With Code - 9 February 2006
      • Rank's Proposed Offer for CHH Does Not Comply With Takeovers Code - 15 February 2006
      • Takeovers Panel Considers Allied Farmers' Proposed Offer May Not Comply With Code - 20 April 2006
      • Takeovers Panel Cancels Meeting On Allied Farmers' Proposed Offer - 24 April 2006
      • Panel Decision On Contact Energy/Origin Energy Exemption Application - 11 May 2006
      • Panel policy on schemes of arrangement - 15 May 2006
      • Takeovers Panel moves to protect shareholders - 19 June 2006
      • Dorchester Pacific Shareholders to Sell Shares - 22 August 2006
      • Panel in court on scheme of arrangement - 07 November 2006
      • Many companies may be affected by changes to takeovers law - 09 November 2006
      • Change of Chairman - Takeovers Panel - 9 March 2007
      • Takeovers Panel to Progress Work On "loophole" for Schemes and Amalgamations - 28 March 2007
      • Panel notes proposed Humanware transaction - 10 May 2007
      • Takeovers Panel Appointment Announced - 11 September 2007
      • Takeovers Panel to Meet About Kerifresh Transactions - 10 October 2007
      • Takeovers Panel Finds Kerifresh Shareholders Contravened the Takeovers Code - 18 October 2007
      • Takeovers Panel to Hold Second Kerifresh Meeting - 1 November 2007
      • Takeovers Panel Finds Kerifresh Parties Have Not Complied With Code - 09 November 2007
      • Takeovers Panel Publishes Reasons for Kerifresh Decisions - 22 November 2007
      • Takeovers Panel Consults on the Use of Schemes And Amalgamations to Take Over Code Companies - 12 December 2007
      • Takeovers Panel settles Kerifresh matter - 24 December 2007
      • Takeovers Panel Responds to Tony Gibbs' Public Comments on Kerifresh Transactions - 26 December 2007
      • Takeovers Panel to Consider Non-Payment of Abano Expenses - 23 June 2008
      • Takeovers Panel Considered Non-payment of Abano Expenses - 11 July 2008
      • Takeovers Panel Seeks Expressions of Interest in Independent Expert Appointment - 21 July 2008
      • Release: Panel Seeks Comment on Draft Guidance Note in Relation to Expenses Recoverable By A Target Company - 13 August 2008
      • Release: Takeovers Panel Recommends Law Changes for Schemes and Amalgamations - 19 August 2008
      • Commerce Minister release: Appointments to the Takeovers Panel - 25 September 2008
      • Takeovers Panel Consults on Upstream Takeovers - 17 April 2009
      • Takeovers Panel Consults on Buybacks Class Exemption. - 4 May 2009
      • Takeovers Panel to meet on Knott vote for Rubicon Takeover. - 6 June 2009
      • Takeovers Panel Releases Decision on Knott Voting for Its Rubicon Offer. - 6 July 2009
      • Takeovers Panel Calls for Submissions on Upstream Takeovers Policy - 23 October 2009
      • Takeovers Panel to Meet Over Horizon Takeover - 9 March 2010
      • Panel meeting on Horizon Energy re-scheduled - 15 March 2010
      • Takeovers Panel releases Horizon Energy decision - 10 May 2010
      • Panel considers response to judicial review judgment - 14 October 2010
      • Chair and deputy reappointed to Takeovers Panel - 31 October 2011
      • Takeovers Panel announces appointment of new Chief Executive - 13 June 2011
      • Two new appointments to Takeovers Panel - 24 August 2011
      • Panel recommends changes to the Takeovers Code - 20 August 2012
      • Takeovers Panel Appointments - 28 September 2012
      • "The Takeovers Code - The Current State of Play" talk for the Mergers and Acquisitions Summit - 6 March 2006
      • Panel Determines no Breach of the Takeovers Code by Radius Properties and Montagu Investment Holdings - 1 March 2013
      • Takeovers Panel Appointment - January 2013
      • Takeovers Panel Appointment - April 2013
      • Takeovers Panel Reports on Achieving its Strategic Goals in its 2013 Annual Report
      • Takeovers Panel publishes Guidance about the Code for "Mum and Dad" Investors - November 2013
      • Takeovers Panel Launches Guide for Directors - February 2014
      • Press Release - Crowd Funding, Small Offers - April 2014
      • Panel response to article by Alan Wood Sept 2014 about Lyttelton Port takeover
      • Takeovers Panel Reports on Achieving its Objectives
      • Takeovers Panel Re-Appointments - 19 September 2013
      • Cross-Appointments to the NZ and Australian Takeovers Panels
      • Takeovers Panel appointments announced
      • Takeovers Panel appointments announced
      • Takeovers Panel signs MOU with FMA - 23 August 2016
      • Takeovers Panel appointment announced
      • Takeover offer by Bapcor for Hellaby - Takeovers Panel decides against Section 32 meeting
      • Panel Recommends changes to the Takeovers Code
      • Takeovers Panel announces appointment of new Chief Executive - 26 October 2017
    • Statutory Information
      • Statements of Intent
      • Statement of Performance Expectations
      • Annual Reports
      • CE Expenditure
      • Half Yearly Reports
      • Briefings for Incoming Ministers
      • Letter of Expections from the Minister
    • Consultation and Recommendations
      • Past Consultation Papers
      • The Panel is not consulting
      • Recommendations made to the Minister
    • Information for Shareholders
      • Fact-Sheets
      • A Basic Guide for Shareholders
      • Frequently Asked Questions
    • Panel policies
      • Prosecutions Policy
      • Policy on use of Pecuniary Penalties
    • MOUs
      • MOU between Panel and NZX - May 2015
      • MOU between Panel and FMA - August 2016
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Takeovers Panel