Hiding name of buyer in Antares oil deal a breach of disclosure obligations, court says

Alexander Mossop 2020-10-12 8:59 pm By Miklos Bolza | Sydney

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In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to reveal the name of the buyer behind an ill-fated US$254 million acquisition of Texan oil assets.

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