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MARKETS

Takeover Panel shackles Molopo

THE federal Takeovers Panel has restricted Molopo Energy from making any single or aggregate payment, or incurring and expenditure or liability, of more than A$175,000 without its consent. 

James Bowen
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901673_25131014.jpg

The decision comes as an interim order issued in response to an application from Aurora Funds Management as the latest twist in its complicated takeover bid for Molopo.   Aurora had earlier written...

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