(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)
Comments