Build the takeover bid timetable from the bidder’s statement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the bidder’s statement, the offer terms and the planned lodgement date, build the bid timetable: lodgement with ASIC, service on the target, the dispatch window to holders, the latest date for the target’s statement, the conditions notice date, the earliest close of the offer period and the automatic extension triggers, with the statutory provision for each date.
- What the lawyer must review
- The lawyer confirms every date against the Act and any ASIC relief or Takeovers Panel matter, decides when to waive conditions or extend the offer, and updates the timetable on every change to the bid.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | Do not begin AI assistance until the responsible lawyer has defined and confirmed its permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Check each date against the section it cites, not against a precedent timetable.
- Recalculate the timetable whenever the offer is varied or extended.
- Confirm the conditions notice date falls 7 to 14 days before the end of the offer period.
Sources
- Takeovers Panel — Summary of takeover provisions · 2026-10-18
- Baker McKenzie Global Public M&A Guide — Australia: timeline · 2026-10-18
These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.