TP05/031
The Takeovers Panel (the Panel) has today published the reasons for its decision in relation to an application from Xstrata Capital Holdings Pty Limited received on 12 January 2005 alleging unacceptable circumstances in relation to its takeover offer for all the shares in WMC Resources Limited and an additional application from WMC Resources received on 14 January 2005 alleging unacceptable circumstances in relation to the affairs of Xstrata Capital Holdings Pty Limited.
Details of the Panel's decision were announced on 27 January 2005 in Panel media release TP05/13, available on the Panel's website at: Media Releases.
The sitting Panel was Nerolie Withnall, David Gonski and Simon Withers.
The reasons of the Panel are available on the Panel's website at: Reasons for Decisions.
Nigel Morris
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3501
