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Keybridge Capital Limited ( (AU:KBC) ) has shared an update.
The Takeovers Panel has declined to make a declaration of unacceptable circumstances regarding an application from Yowie Group Ltd concerning Keybridge Capital Limited’s actions. The application was related to Keybridge’s attempt to change the composition of Yowie’s board, which Yowie claimed was a frustrating action against its takeover bid. The Panel found that Yowie was likely aware of this possibility and that Keybridge’s actions did not constitute unacceptable circumstances, thus deciding not to make a declaration.
More about Keybridge Capital Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For a thorough assessment of KBC stock, go to TipRanks’ Stock Analysis page.