The Panel has consented to a request by CML Group Limited to withdraw its application to the Panel dated 9 March 2020 in relation to its affairs (see TP20/11).
The Panel is satisfied that it is not against the public interest to consent to the applicant withdrawing its application. Given the Panel had not yet made a decision on whether to conduct proceedings, the Panel does not propose to publish reasons in relation to this matter.
The sitting Panel appointed to consider this matter was Robin Bishop (sitting President), Teresa Dyson and Kerry Morrow.
Director, Takeovers Panel
Level 16, 530 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3500