April 8 (Reuters) - Australian Government Takeovers Panel:
- Investa office fund - tov: iof Investa Office Fund - panel decision
- Satisfied acquisition of control over voting interests in iof was not taking place in efficient, competitive and informed market
- Considered IOMH document did not disclose readily and reasonably interests that manager had when advocating the position adopted
- While consideration of application,concern was raised whether other statements in iomh document were misleading
- Proxy form attached to the IOMH document, although valid, was likely to mislead or confuse iof unit holders
- Panel was not satisfied that these concerns properly formed part of the application
- Was not satisfied that sufficient basis had been established to interfere with voting rights attaching to units in IOF
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$7.35 |
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Mkt cap ! $7.905B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9408 | $7.30 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.36 | 4897 | 2 |
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