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Investment

ASIC takes legal action against Mariner over Austock takeover

The Australian Securities and Investment Commission (ASIC) has started legal action against listed funds management company Mariner Corporation (Mariner) over its proposed 2012 takeover bid for financial services company Austock Group (Austock).

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Read more: Mariner CorporationAustock GroupInvestmentASICAustraliaAustralian SecuritiesFederal CourtDarren Olney-FraserDonald ChristieJune 2012 announcementMatthew FletcherMay 2014Melbourne