Takeovers Panel investigates changes in control of Global Horticulture

Takeovers Panel investigates changes in control of Global Horticulture
Staff reporters
The Takeovers Panel said it has decided to convene a meeting to inquire into "certain increases of voting control" of Global Horticulture that occurred in or around March 2014 and October 2016.The enquiry is under section 32 of the Takeovers Act which authorises the panel to deal with potential breaches of the Takeovers Code."Following this meeting, the panel may determine whether it is satisfied or is not satisfied that certain shareholders, (or other persons), acted in compliance with the Takeovers Code in respect of these incr...