Resimac tries to block Cadence

Resimac applies to Takeovers Panel to stop rival voting on its bid for RHG.

Resimac Ltd has applied to the Takeovers Panel to block rival RHG (RHG) suitor Cadence Capital (CDM) from voting on Resimac's takeover offer.

In a statement, Resimac said Cadence has a conflict of interest as it is an RHG shareholder that would receive benefits under its rival takeover offer in partnership with Pepper Australia Pty Ltd.

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