Eggleston Principles News Today

The argument for efficiencies made through advance rulings by the Takeovers Panel and the ousting of the courts by the panel will not outweigh current system’s benefits

The Australian government is consulting on a proposal to expand the role the Takeovers Panel plays in control transactions, reducing the time and costs of mergers and acquisitions. Includes options for the Takeovers Panel to regulate control transactions by scheme arrangement.