TP01/086
The Takeovers Panel welcomed the announcement in New Zealand today by the New Zealand Commerce Minister Paul Swain that Mr Denis Byrne has been appointed as an Australian member of the New Zealand Takeovers Panel. Mr Byrne's appointment is for three years.
Mr Byrne is a senior member of the Australian Takeovers Panel and has been a member of the Australian Takeovers Panel since 1997. He has sat on a number of matters for the Australian Takeovers Panel.
The President of the Australian Takeovers Panel, Mr Simon McKeon said that he welcomed Denis Byrne's appointment and looked forward to the opportunity for both Panels to learn from each other and benefit from each others' experiences.
Mr Byrne is a Brisbane-based commercial lawyer and consultant with wide experience in the corporate, infrastructure and resources areas. He practised as a solicitor, in numerous jurisdictions throughout Australia and the region, from 1970 until 1997. His legal practice included public company takeovers, corporate restructures and major asset acquisitions and sales.
New Zealand's Minister Swain announced that a reciprocal arrangement is being entered into for a member of the New Zealand Panel to sit on the Australian Takeovers Panel. He said that an announcement on that appointment is due shortly.
Nigel Morris
Director, Takeovers Panel
Level 47 Nauru House, 80 Collins Street, Melbourne VIC 3000Ph: +61 3 9655 3501
nigel.morris@takeovers.gov.au