Ann: TOV: LPD Lepidico Limited - Panel Receives Application, page-27

As a foreign investor I looked for some information about this institution...

Maybe interesting for some of you...

http://www.takeovers.gov.au/


From:
https://en.wikipedia.org/wiki/Australian_Takeovers_Panel

"The Australian Takeovers Panel, a statutory authority of the Australian Government, is the primary Australian forum for resolving disputes about a takeover bid during the bid period itself."

"The Takeovers Panel has three main powers:

1. to declare circumstances in relation to a takeover, or to the control of an Australian company, to be "unacceptable circumstances";
2. to protect the rights of persons (especially target company shareholders) during a takeover bid and to ensure that a takeover bid proceeds (as far as possible) in a way that it would have proceeded if the unacceptable circumstances had not occurred; and
3. various review powers."