Australian stock exchange operator to reassess M&A rules amid James Hardie backlash
By Thomson ReutersApr 27, 2025 | 7:12 PM
(Reuters) – The Australian stock exchange operator ASX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for mergers & acquisitions.
The ASX’s decision to review its listing process came a day ahead of fibre-cement maker James Hardie saying it would hold a shareholder vote before making any decision to change its ASX listing status.
(Reporting by Rajasik Mukherjee; Editing by Rashmi Aich)
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