Atlas Arteria Says Takeovers Panel Declines Interim Order to Block IFM Bidder's Statement

MT Newswires Live

May 11

Atlas Arteria (ASX:ALX) said the Australian Takeovers Panel has declined its request for an interim order to restrain Diamond Infraco 1, a unit of IFM Global Infrastructure Fund, from dispatching its bidder's statement in its current form, pending the final determination of the panel proceedings, according to a Monday Australian bourse filing.

The filing said the panel is still considering whether to conduct proceedings.

Atlas Arteria's board recommended on May 6 that shareholders reject the unsolicited takeover offer from IFM, saying it materially undervalues the company, while also filing an application with the Takeovers Panel seeking to block IFM Global Infrastructure Fund from dispatching a bidder's statement related to its offer.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2634335427"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2634335427\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2634335427?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-11 08:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2634335427","market":"sg","top_or_hot":-1,"title":"Atlas Arteria Says Takeovers Panel Declines Interim Order to Block IFM Bidder's Statement","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/MAQAF\">Atlas Arteria</a> (ASX:ALX) said the Australian Takeovers Panel has declined its request for an interim order to restrain Diamond Infraco 1, a unit of IFM Global Infrastructure Fund, from dispatching its bidder's statement in its current form, pending the final determination of the panel proceedings, according to a Monday Australian bourse filing.</p><p>The filing said the panel is still considering whether to conduct proceedings.</p><p><a href=\"https://laohu8.com/S/ALX.AU\">Atlas Arteria</a>'s board recommended on May 6 that shareholders reject the unsolicited takeover offer from IFM, saying it materially undervalues the company, while also filing an application with the Takeovers Panel seeking to block IFM Global Infrastructure Fund from dispatching a bidder's statement related to its offer.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Atlas Arteria Says Takeovers Panel Declines Interim Order to Block IFM Bidder's Statement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAtlas Arteria Says Takeovers Panel Declines Interim Order to Block IFM Bidder's Statement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-05-11 08:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/MAQAF\">Atlas Arteria</a> (ASX:ALX) said the Australian Takeovers Panel has declined its request for an interim order to restrain Diamond Infraco 1, a unit of IFM Global Infrastructure Fund, from dispatching its bidder's statement in its current form, pending the final determination of the panel proceedings, according to a Monday Australian bourse filing.</p><p>The filing said the panel is still considering whether to conduct proceedings.</p><p><a href=\"https://laohu8.com/S/ALX.AU\">Atlas Arteria</a>'s board recommended on May 6 that shareholders reject the unsolicited takeover offer from IFM, saying it materially undervalues the company, while also filing an application with the Takeovers Panel seeking to block IFM Global Infrastructure Fund from dispatching a bidder's statement related to its offer.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALX.AU","symbol_name":"ATLAS ARTERIA","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2634335427","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2634335427","pubTimestamp":1778458899,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Atlas Arteria  said the Australian Takeovers Panel has declined its request for an interim order to restrain Diamond Infraco 1, a unit of IFM Global Infrastructure Fund, from dispatching its bidder's statement in its current form, pending the final determination of the panel proceedings, according to a Monday Australian bourse filing.The filing said the panel is still considering whether to conduct proceedings.Atlas Arteria's board recommended on May 6 that shareholders reject the unsolicited takeover offer from IFM, saying it materially undervalues the company, while also filing an application with the Takeovers Panel seeking to block IFM Global Infrastructure Fund from dispatching a bidder's statement related to its offer.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALX.AU":"ATLAS ARTERIA","AFH":"Atlas Financial Holdings Inc.","BK7090":"公路与铁路","DAPP":"VanEck Digital Transformation ETF"},"translate_title":"Atlas Arteria表示收购小组拒绝阻止IFM投标人声明的临时命令","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAPP":1.5,"AFH":1.5,"ALX.AU":1},"content_text":"Atlas Arteria (ASX:ALX) said the Australian Takeovers Panel has declined its request for an interim order to restrain Diamond Infraco 1, a unit of IFM Global Infrastructure Fund, from dispatching its bidder's statement in its current form, pending the final determination of the panel proceedings, according to a Monday Australian bourse filing.The filing said the panel is still considering whether to conduct proceedings.Atlas Arteria's board recommended on May 6 that shareholders reject the unsolicited takeover offer from IFM, saying it materially undervalues the company, while also filing an application with the Takeovers Panel seeking to block IFM Global Infrastructure Fund from dispatching a bidder's statement related to its offer.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}