Emu Says Australia's Takeovers Review Panel Declines Proceedings

MT Newswires Live

2025/05/06

Emu NL (ASX:EMU) said the Australian government's Takeovers Panel declined to conduct proceedings on the application filed by the company, seeking a review of the panel's decision, according to a Tuesday filing with the Australian bourse.

The Panel determined that there was insufficient material to justify further investigation, ruling there was no reasonable prospect of declaring unacceptable circumstances, the filing added.

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