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ACB, crazy as it is, the 'informal review' by the ACCC commenced...

  1. brizee
    48 Posts.
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    30/10/09
    16:42
    Post #: 5855860
    ACB, crazy as it is, the 'informal review' by the ACCC commenced on 21.10.09 and submissions close today 30.10.09. Open for just one week.

    from their website: http://www.accc.gov.au/content/index.phtml/itemId/751135

    Pls check the thread link I previously posted, which contains the post by magix66 of a snapshot from the ACCC website reference.

    There is not enough information/too many alleged breaches of corporate laws by the UMC board for anyone to make an informed decision about the fairness of the BHP bid - and as a consequence the legality of it - and that is reason enough for some to object to the ACCC about the bid.
    UMC Price at posting: $1.27 Sentiment: Hold Disclosure: Held
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