Donaco International Limited 03R - Panel Declines to Conduct Proceedings [27/11/2019] The Takeovers Panel

PDF icon PDF 96KB

TP19/72
Wednesday, 27 November 2019

Donaco International Limited 03R - Panel Declines to Conduct Proceedings

The review Panel has declined to conduct proceedings on an application dated 14 November 2019 from Donaco International Limited in relation to its affairs. The application sought a review of the initial Panel's decision to decline to conduct proceedings in relation to Donaco's initial application (see TP19/66).

The review Panel agreed with the initial Panel's reasons and conclusions in Donaco International Limited 02 [2019] ATP 23. The review Panel concluded there was no reasonable prospect that it would make a declaration of unacceptable circumstances. Accordingly, the review Panel declined to conduct proceedings.

The sitting review Panel was Tracey Horton AO (sitting President), Christian Johnston and Rebecca Maslen-Stannage.

The Panel will publish its reasons for the decision in due course on the Takeovers website.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3500
takeovers@takeovers.gov.au