Takeovers Panel responds to criticism

Andrew Hudson
Tue, 20 Jul 2021

Takeovers Panel chief executive Andrew Hudson responds to Jenny Ruth's column.In your article, you state that the panel “greenlight[ed]” the Metlifecare/EQT scheme of arrangement in spite of disclosure questions. You will be aware that the high court is the principal regulator of schemes of arrangement under the Companies Act. It is the court that approves a scheme of arrangement. The panel’s role is to review the transaction documents and to provide a ‘no-objection’ statement to the court if the panel is satis...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Monday, June 27, 2022
The Quizmaster | Mon, 27 Jun 2022

Don't forget to give our daily quiz a go. Good luck!

Infrastructure
Six year wait for three waters reforms far too long, says Scottish expert
Pattrick Smellie | Mon, 27 Jun 2022

The three waters reform will not prove its worth as quickly as it could if economic regulation is delayed until 2030, says the head of the water regulator for Scotland, the template for NZ's reforms.

Markets
Fletcher wowed analysts at last week’s investor day
Jenny Ruth | Mon, 27 Jun 2022

All five of the analysts’ reports BusinessDesk has seen have either “overweight” or “outperform” investment recommendations on Fletcher shares.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.