#Latest news with #RaphaelGeminderAU Financial Review30-04-2025BusinessAU Financial ReviewBillionaire Raphael Geminder faces backlash on Pact delisting planPackaging and property billionaire Raphael Geminder is set to battle with minority shareholders as he seeks to delist Pact Group, after a failed $234 million takeover bid last year. Pact said on Tuesday that it would hold an extraordinary general meeting on June 12 for a vote to delist, citing low liquidity in the stock and the costs of maintaining an ASX listing. Geminder holds 87.9 per cent of the company.
AU Financial Review30-04-2025BusinessAU Financial ReviewBillionaire Raphael Geminder faces backlash on Pact delisting planPackaging and property billionaire Raphael Geminder is set to battle with minority shareholders as he seeks to delist Pact Group, after a failed $234 million takeover bid last year. Pact said on Tuesday that it would hold an extraordinary general meeting on June 12 for a vote to delist, citing low liquidity in the stock and the costs of maintaining an ASX listing. Geminder holds 87.9 per cent of the company.
30-04-2025
