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Takeovers Panel approves exemption for Calibre Partners - Rural Equities Limited

About the Panel|Published Mar 26, 2025

On 24 March 2025, the Takeovers Panel (the Panel) approved an exemption from rule 58(4) of the Takeovers Code (the Code) to allow Calibre Partners (Calibre) an additional five working days to make…

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Takeovers Panel determines application for expenses reimbursement – Vital Limited

About the Panel|Published Mar 14, 2025

The Panel has made a determination in respect of an application from Vital Limited (Vital) seeking an expenses reimbursement determination under section 49(2)(b) of the Takeovers Act 1993 (the Act…

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Millennium and Copthorne Hotels NZ Limited - Exemption Notice 2025

Exemptions|Published Feb 26, 2025

Exemption from clause 20(b) of Schedule 2 to the Code to the extent that it requires valuation reports, referred to in the independent adviser’s report in respect of the full takeover offer by CDL…

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The Todd Corporation Limited - Exemption Notice 2025

Exemptions|Published Feb 24, 2025

Exemption from rule 17(2) of the Code to allow any shareholder of The Todd Corporation Limited (TCL) who, as a result of the conversion of non-voting redeemable preference shares in TCL into ordinary…

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