Keybridge Capital Ltd navigates a week of significant takeover developments, including the withdrawal of Yowie Group’s bid and the Takeovers Panel’s decision not to investigate, maintaining stability in the company’s operations and governance.

Keybridge Capital Ltd is set to replace the board of its subsidiary Yowie Group Ltd after a court ruling, marking a significant strategic move in the Australian capital markets.

Keybridge Capital Ltd has been targeted by an off-market takeover bid from its subsidiary Yowie Group Ltd, with the company advising shareholders to take no action and a dispute emerging over the application’s authority.