Lower burden for small companies under proposed Takeovers Code changes
Changes mean companies with less than $30 million in total assets and with less than $15 million of revenue will no longer come under the rules.
Fiona Rotherham Tue, 04 Apr 2017
Small companies should find it easier to raise the capital they need to grow following recommended changes to the Takeovers Code.
The Takeovers Panel has recommended Commerce & Consumer Affairs Minister Jacqui Dean make a number of technical amendments, including raising the threshold at which
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