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Takeovers Panel Declines Proceedings on Keybridge Capital Case

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Takeovers Panel Declines Proceedings on Keybridge Capital Case

Elevate Your Investing Strategy:

Keybridge Capital Limited ( (AU:KBC) ) has shared an announcement.

The Takeovers Panel has declined to conduct proceedings on an application from Nicholas Bolton concerning Keybridge Capital Limited’s board actions regarding Yowie Group Ltd’s takeover bid. The Panel found that the issues raised had been previously addressed in earlier legal and panel proceedings, concluding there was no reasonable prospect of declaring unacceptable circumstances, thus impacting the company’s takeover dynamics.

More about Keybridge Capital Limited

Keybridge Capital Limited operates in the financial industry, focusing on investment and capital management services. It is listed on the Australian Securities Exchange under the ticker KBC.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.72M

See more data about KBC stock on TipRanks’ Stock Analysis page.

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