New foreign investment guidelines cast doubt on Stanmore takeover bid

STANMORE Coal’s board has recommended shareholders take no action regarding a $256 million cash bid for its shares from Singaporean group Golden Investments as questions remain over whether the federal treasurer will stop the takeover under recent foreign investment review guidelines imposed during the COVID-19 crisis.

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New foreign investment guidelines cast doubt on Stanmore takeover bid New foreign investment guidelines cast doubt on Stanmore takeover bid New foreign investment guidelines cast doubt on Stanmore takeover bid New foreign investment guidelines cast doubt on Stanmore takeover bid New foreign investment guidelines cast doubt on Stanmore takeover bid

The federal government announced temporary changes to the foreign investment review framework designed to protect Australia's national interest as it deals with the economic implications arising from

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