Patrick Corporation Limited 02 - Panel Publishes Reasons

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The Takeovers Panel (the Panel) has today published its reasons for decision in relation to an application from Patrick Corporation Limited (Patrick) in relation to a variation of the takeover offer from Toll Holdings Limited (Toll) lodged on 22 March 2006 (see TP06/28).

The reasons of the Panel are available on the Panel's website.

The sitting Panel which considered this application was Nerolie Withnall (sitting President), Graham Bradley and Carol Buys.

Nigel Morris
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3501