Tuesday, 17 August, 2021 - 16:07
Webcentral seeks removal of Cirrus directors
Cirrus Networks' board has continued to reject a takeover proposal made by Webcentral Group, which is now seeking to remove three directors of the local IT services firm.
Michael Wilton is a capital markets and M&A lawyer with over 25 years of experience. He also has substantial legal expertise in IT and telecommunications.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1274th | Key Petroleum">Key Petroleum | -33.33% | -29.9% |
1275th | Enegex">Enegex | -33.34% | 18.56% |
1276th | 5G Networks">5G Networks | -33.46% | -14.93% |
1277th | Omni Bridgeway">Omni Bridgeway | -33.55% | -21.43% |
1278th | Koonenberry Gold">Koonenberry Gold | -33.63% | 0% |
![]() |
NEWS: Tagged in Tensions rise over tech takeover | 06 Oct 2021 |
![]() |
NEWS: Tagged in Everingham threatens resignation from Cirrus | 03 Sep 2021 |
![]() |
NEWS: Tagged in Webcentral seeks removal of Cirrus directors | 17 Aug 2021 |
![]() |
NEW ROLE: General Counsel, Joint Company Secretary, 5G Networks | 03 Nov 2020 |
Cirrus Networks' board has continued to reject a takeover proposal made by Webcentral Group, which is now seeking to remove three directors of the local IT services firm.
Paul Everingham has revealed his intention to leave Cirrus Networks if shareholders vote in favour of appointing two directors from unsolicited bidder Webcentral Group.
A hostile takeover of local IT services firm Cirrus Networks has escalated, after its Victorian bidder alleged the target made a number of inaccurate statements that could mislead shareholders.
Access to our data for Michael Wilton is only available to paid subscribers with Data & Insights access.
Data & Insights is Western Australia's most accurate and comprehensive business listings and searchable database.
Michael Wilton is linked to 2 organisations which are included in 1 list - Public Companies - non WA.
To see the data you will need to Subscribe.