On 23 December 2011, the Panel received an application from Hastings Diversified Utilities Fund (HDF) seeking orders in relation to a bidder's statement by APT Pipelines Limited (APA Group) (see TP11/68).

The Panel has received an application from Hastings Diversified Utilities Fund (HDF) in relation to its affairs.  HDF is the subject of a combined scrip and cash takeover bid from APT Pipelines Limited, a company wholly owned by Australian Pipelines Trust (APA Group).

The Takeovers Panel today released a Consultation Paper seeking public comment on a draft rewrite of GN 18 on Takeover documents.  The draft rewrite includes additional guidance in relation to target’s statements, expert’s reports, premia and intention statements.

The Panel today published the reasons for its decision on an application dated 19 August 2011 from Robash Pty Ltd in relation to the affairs of Gladstone Pacific Nickel Limited.

The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 19 August 2011 by Robash Pty Ltd, a shareholder of Gladstone Pacific Nickel Limited, in relation to the affairs of Gladstone (TP11/59).

The Panel today published the reasons for its decision on an application dated 1 September 2011 from SABMiller Beverage Investments Pty Limited, a wholly owned subsidiary of SABMiller plc, in relation to the affairs of Foster's Group Limited.

The Panel has declined to conduct proceedings on an application dated 1 September 2011 from SABMiller Beverage Investments Pty Limited, a wholly owned subsidiary of SABMiller plc, in relation to the affairs of Foster's Group Limited.

The Panel has received an application from SABMiller Beverage Investments Pty Limited, a wholly owned subsidiary of SABMiller plc, in relation to the affairs of Foster's Group Limited.