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Keybridge Capital Limited ( (AU:KBC) ) has provided an announcement.
Keybridge Capital Limited (ASX: KBC) has submitted two applications to the Takeovers Panel, one concerning its own affairs and another related to Yowie Group Ltd (ASX: YOW). This follows Yowie’s announcement of an off-market takeover bid for all Keybridge shares, offering one Yowie share per Keybridge share. Keybridge challenges the bid, citing concerns over control conditions, market efficiency, and disclosure deficiencies. The company seeks to restrain Yowie from acquiring shares and requests the withdrawal of the takeover bid, alongside compensation for associated costs.
More about Keybridge Capital Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For detailed information about KBC stock, go to TipRanks’ Stock Analysis page.