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News: VRT Australian Govt Takeovers Panel Says Got Application From Capvest Partners Regarding...

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    26/04/22
    12:00
    Post #: 61017187

    April 26 (Reuters) - Australian Government Takeovers Panel:

    • GOT APPLICATION FROM CAPVEST PARTNERS SEEKING A REVIEW OF PANEL’S DECISION IN VIRTUS HEALTH LTD
    • PRESIDENT OF PANEL CONSENTED TO APPLICATION FOR REVIEW AND HAS MADE INTERIM ORDERS PENDING REVIEW
    • INTERIM ORDERS PROHIBIT BGH BIDDERS (WITHOUT CONSENT OF PRESIDENT) FROM ACQUIRING ON MARKET VIRTUS SHARES ABOVE BID PRICE
    • INTERIM ORDERS EFFECTIVE UNTIL EARLIEST OF FURTHER ORDER OF PRESIDENT, DETERMINATION OF REVIEW OR 2 MONTHS FROM DATE OF ORDERS
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