Takeovers Panel hits pause

THE Takeovers Panel has made an interim order after triple takeover target AWE headed there regarding concerns over bidder China Energy Reserves and Chemical Group’s offer for it which cited concerns related to the bid financing and a lack of attention to Mineral Resources’ rival offer.

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Takeovers Panel issues interim order on CERCG

The Takeover Panel has made an interim offer that CERCG "must not send copies of its bidder's statement and offer document to AWE shareholders before Monday, 12 February".