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Takeovers Panel receives complaint about NZOG takeover

Panel says it will respond to complainant before upcoming takeover vote.

Reweti Kohere Mon, 07 Oct 2019

The Takeovers Panel is looking into a complaint from a minority shareholder about a planned takeover of NZ Oil & Gas.

Singapore’s OG Oil & Gas (OGOG), the oil and gas division of Ofer Global, announced in July a scheme of arrangement to buy 30% of NZOG’s shares it didn’t already own.

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Reweti Kohere Mon, 07 Oct 2019
Contact the Writer: reweti@nbr.co.nz
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Takeovers Panel receives complaint about NZOG takeover
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