On 30 July 2025, AST Takeover Panel said PointsBet lodged application re takeover. AST Takeover Panel it received an application from PointsBet Holdings Ltd (PointsBet) re its affairs and President of AST Takeover Panel has made interim orders in response to an application for interim orders from PointsBet; PointsBet is facing competing bids. Namely, a…
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Hong Kong – SFC Updated Takeover Table
On 1 August 2025, the SFC updated its Takeover table to include the following: new offer period has commenced for Joy City Property Limited (stock code: 0207) from 31 July 2025.
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NZ – CC on Viridian NZ Bidco Takeover
On 25 July 2025, NZ CC wrote regarding potential competition concerns. NZ CC said it will issue a Statement of issues on Viridian NZ Bidco Ltd’s proposed acquisition of Metro Performance Glass Ltd (Metro) re potential competition concerns. Proposal is to acquire up to 100% of the shares in Metro by way of a takeover…
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Greece – GVT Announced Potential Takeover of GRE EXC
On 1 July 2025, GRE EXC board of directors confirmed it has entered into discussions with Euronext as part of its assessment of unsolicited all share takeover proposal. The Board continues to evaluate the takeover proposal in full compliance with its fiduciary responsibilities to all shareholders and other stakeholders; advised by Morgan Stanley and expert…
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Spain – CNMC in Favor of Extending Takeover Regime
On 3 July 2025, ESP CNMC in favor of extending takeover bid regime. ESP CNMC in favor of extending takeover bid regime to multilateral trading systems. Follows draft Royal Decree on regime of public offers for acquisition of securities which will extend its application to multilateral trading systems (IPN/CNMC/008/25). Multilateral Trading Systems Multilateral trading systems…
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Japan – FSA Publish Amendments to Major Shareholding and Takeover Rules
On 4 July 2025, JPN FSA issued 350 public comments received and its responses wrt its major shareholding and takeover regimes. The FSA has published notice of the amendments to the major shareholdings and takeovers rules following a period of consultation. Re the tender offer (takeover) system, JPN FSA made further revisions to exclude share…
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