I had understood that in the event of a failed take over bid...

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    I had understood that in the event of a failed take over bid that a second bid cannot be made for at least 12 months.

    The questions now is KBC's bid a failed bid and will they have to wait 12 months to launch a second
    OR:
    Is KBC's bid still alive and that the shares illegally acquired and disposed by ASIC is the only consideration.

    I note that the time limit on a takeover bid from your link above is 105 days + 14 days to mop-up the tail.
 
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