Vital says Empire appealing over withdrawn takeover bid costs
Takeovers Panel determination earlier this month ordered Empire to reimburse NZX-listed Vital nearly $250,000.
Vital provides telco services, such as access to wholesale fibre and digital microwave networks.
Telco infrastructure company Vital says a would-be acquirer that was ordered by the Takeovers Panel to reimburse it nearly $250,000 in costs has lodged an appeal with the High Court.
In August, Empire Capital – which is controlled by marina and property developer Simon Herbert – filed a takeover
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