M&A Alert: Wrong way go back - reversing the reverse takeover (Gloucester Coal Panel Decision)

The Panel has at times been criticised for being too “pro-bidder”. However if shareholders don’t vote in favour of the Whitehaven merger it will be the first time the Panel has stopped a bid.

• The decision will raise more questions than it answers – Panel guidance is likely to follow.
• Gloucester and Whitehaven have applied for a review of the Panel decision – watch this space.

For a full copy of this document, please download the attached PDF via the link at the top.

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