The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from Rinker Group Limited dated 6 November 2006 in relation to an off-market takeover bid by CEMEX, S.A.B. de C.V. (see TP06/110).

The Takeovers Panel (Panel) advises that it has considered the application (Application) from Santos CSG Pty Ltd (Santos) in relation to its off-market takeover offer for Queensland Gas Company Limited (QGC and Offer). Having regard to the further disclosures agreed to be provided by QGC in a second supplementary target's statement, the recent announcements by QGC about the proposed transaction with AGL Energy Ltd (AGL Proposal) and the proposed transaction with Sentient Gas (Sentient Proposal) (collectively the Proposals) the further information to be provided in the notice of meeting and explanatory memorandum for those Proposals and submissions from QGC and Santos, the Panel has decided not to make a declaration of unacceptable circumstances in relation to the Application.

The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from Azumah Resources Limited dated 26 September 2006 (see TP06/96).

The Takeovers Panel advises that it has today published its Guidance Note 18 on Takeover Documents. The Guidance Note addresses the issues of "Wrap Information" and "Broker Valuations" in takeovers documents. The Panel published a draft of the Guidance Note for consultation late last year.

The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application dated 1 August 2006 from Tower Software Engineering Pty Ltd in relation to a takeover offer by Pendant Software Pty Limited (see TP06/70).

The Takeovers Panel (Panel) advises that it has considered the application (Application) from Rinker Group Limited (Rinker) in relation to an off-market takeover bid by CEMEX, S.A.B. de C.V. (CEMEX) for Rinker.

The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application dated 21 August 2006 from Australian Pipeline Limited (in its capacity as responsible entity of Australian Pipeline Trust) and Australian Pipeline Trust in relation to the acquisitions of 10.25% of the units in Australian Pipeline Trust by Alinta Limited on and from 16 to 22 August 2006 (see TP06/74).