The Takeovers Panel has today published the reasons for its decision in relation to an application dated 5 May 2007 from Airline Partners Australia Limited relating to its offer for all the shares in Qantas Airways Limited (see TP07/23).

The Takeovers Panel advises that it has made a declaration of unacceptable circumstances in relation to an application by Areva NC Australia Pty Ltd concerning the affairs of Summit Resources Limited and statements by Paladin Resources Limited (see TP07/21) but has decided not to make orders.

The Takeovers Panel advises that it has received an application today from Magna Pacific (Holdings) Limited, in relation to the affairs of Magna Pacific and an off‑market, cash takeover bid for Magna Pacific by Lionsgate Australia Pty Ltd, a wholly owned subsidiary of Lions Gate Entertainment Inc.

The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application dated 23 February 2007 from Magna Pacific (Holdings) Limited (Magna Pacific) concerning an off-market takeover bid for Magna Pacific by Lionsgate Australia Pty Ltd (see TP07/07).

The Takeovers Panel advises that it has agreed to Lionsgate Australia Pty Ltd withdrawing its application to the Panel dated 12 April 2007 in relation to Magna Pacific (Holdings) Limited's target's statement (see TP07/17).

The Takeovers Panel advises that it received an application yesterday from Airline Partners Australia Limited (APA) for review of the decision made by the sitting Panel in the Qantas Airways Limited 02 proceedings.

The Takeovers Panel advises that it received an application yesterday from Airline Partners Australia Limited concerning APA's off-market, cash takeover bid for Qantas Airways Limited (Offer).

The Takeovers Panel has considered the application (the Application) from Louis Dreyfus Cotton International NV, a company incorporated in Belgium, under section 657C of the Corporations Act 2001 (Cth) dated 16 April 2007 in relation to the affairs of Queensland Cotton Holdings Limited.