The Takeovers Panel has today published the reasons for its decision to consent to a request by Health Communication Network Limited to withdraw its application dated 16 November 2004 alleging unacceptable circumstances in relation to a proposed takeover bid by IBA Health Limited.
Details of the Panel’s decision were announced on 18 November 2004 in Panel media release TP04/107, available on the Panel’s website at: Media Releases .
The sitting Panel was Chris Photakis, Robyn Ahern and Mark Paganin.
The reasons of the Panel are available on the Panel’s website at: Decisions.
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3501