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News: KBC Australian Govt Takeovers Panel updates on affairs of Molopo Energy

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    14/06/17
    16:50
    Post #: 25273809

    June 14 (Reuters) - Australian Government Takeovers Panel:

    • Made a declaration of unacceptable circumstances on 30 May 2017 in relation to applications by ASIC and Molopo Energy
    • Considered involvement of Nicholas Bolton in Keybridge Capital and Aurora Funds Management gave rise to unacceptable circumstances
    • In light of review applications by Molopo and Keybridge, panel has stayed operation of divestment-related orders
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