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ASIC intervenes in Incremental tussle

4-November-08 by Rebecca Lawson

The takeover tussle for Incremental Petroleum Ltd could be extended after the corporate watchdog asked bidder Cooper Energy Ltd to extend its deadline that it thought was final.

Cooper managing director Michael Scott told WA Business News the Australian Securities and Investment Commission had asked the company to consider the extension given the last minute takeover announcement by TransAtlantic Petroleum Corporation.

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