Bloomberg reports that Sydney-based funds manager Platinum Asset Management has refused a takeover proposal from hedge fund Regal Partners Ltd. bid undervalued company at $359m offering from Regal Platinum’s board unanimously concluded that the proposed deal was “not in the best interest of Platinum shareholders,” at least “in its current form.” Platinum has struggled with outflows […]

On 25 September, the SFC updated its Takeover table to reflect the closure of offer period for Hang Pin Living Technology Company Limited (stock code: 1682). Effective Date: Takeover offer period closed on 24 September 2024.

On 13 September 2024, JPN FSA proposed revisions re proprietary trading system. JPN FSA proposed revisions to cabinet orders and cabinet office ordinances with regard to the Financial instruments and exchange act (FIEA) enacted on 22 May 2024. Follows JPN FSA December 2022 issued 2nd interim report of market system working group. Also follows JPN […]

On 13 September 2024, the SFC updated its takeover table to close the offer period for Ling Yui Holdings Limited (Stock Code: 0784). Effective Date: Takeover offer period closed on 12 September 2024.

On 4 September 2024, the SFC updated the takeover table to recognize that the offer period for CMPC Holdings Limited (stock code: 906) closed on 3 September 2024.  

On 27 August 2024, the Spanish government said the takeover of Talgo would have entailed “insurmountable risks for national security and public order”. Background: Hungarian consortium Ganz-Mávag Europe’s €619 million takeover bid of Spanish train manufacturer Talgo Ganz-Mávag  said the consortium would “take legal action both in Spain and in Europe” According to the Spanish […]