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Panel Declines Proceedings on Keybridge Capital Case

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Panel Declines Proceedings on Keybridge Capital Case

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Keybridge Capital Limited ( (AU:KBC) ) has issued an update.

The review Panel has declined to conduct proceedings on an application from Yowie Group Ltd regarding Keybridge Capital Limited’s actions. The Panel determined that Yowie was aware of Keybridge’s intentions to change the Yowie board’s composition before its takeover bid, and found no likelihood of unacceptable conduct, thus deciding against further proceedings.

More about Keybridge Capital Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$9.72M

Learn more about KBC stock on TipRanks’ Stock Analysis page.

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