Alinta Limited 01
These are the Panel's reasons for making a declaration of unacceptable circumstances and final orders in relation to the affairs of Alinta Limited and The Australian Gaslight Company. The declaration and orders related to the circumstances of Alinta and AGL each making a hostile, scrip takeover offer for the other, and the potential for acceptances and transfers of shares under the Competing Offers to contravene section 259C of the Corporations Act.