iceburg order at 30c, page-34

A foreign take over of a Australian company can involve intrigue and covert moves. How about an Aust institution buys a stake and then hawkes it to Dr R under terms that take into account the hurdles that have to be complied with?

Formalities are only something to not be circumvented. Business strategy is formulated to allow formalities to be met (as a compliance issue) while putting together a plan that enables a better/easier deal to be completed than that would occur if an opportunity was addressed in a straighforward manner where all the moves are signalled early (and, as a result, the deal costs more or ends up being impossible).

I still don't understand what insurmountable barriers there are to a Dr R takeover. Enlightment welcome.