Sirtex shareholders fear ‘bare cupboard’ for class action after takeover

Class Actions 2018-09-20 4:32 pm By Christine Caulfield | Melbourne

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Shareholders in a class action against Sirtex Medical have lost a bid for an order preventing the life sciences company from quietly moving $128 million in cash assets out of the country after its $1.9 billion takeover by a Chinese private equity company comes into effect Thursday, but the battle over the money will likely continue.

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