This ASX 300 Share Is Sinking 33% on Takeover Collapse Fears

This ASX 300 share is sinking 33% on takeover collapse fears

Mayne Pharma Group Ltd (ASX: MYX) shares are being hammered on Wednesday morning. At the time of writing, the ASX 300 share is down by a staggering 33% to $4.31. As a comparison, the S&P/ASX 200 index is up 0.6% today. Why is this ASX 300 share taking a tumble? As some readers may be aware, this pharmaceutical company received and accepted a takeover offer earlier this year from US-based Cosette Pharmaceuticals. Things have been moving along ver…

CNMV admits Inocsa's takeover bid for 100% of Grupo Catalana Occidente shares to be processed

The Corner Link Securities | The National Securities Market Commission (CNMV) has adopted on 16 May 2025 the resolution to admit for processing the voluntary takeover bid for 100% of the shares of Grupo Catalana Occidente (GCO), considering that the prospectus and other documents presented, after the complementary documentation registered on 7/05/2025, are in accordance with the provisions of the regulation. The admission of the aforementioned a…