Anaconda Nickel Limited 01-19 - Panel Publishes Reasons in Anaconda 01 to 19
The Panel has today published the reasons for its decision in the Anaconda 01 to 19 proceedings.
These are the Panel's reasons for consenting to the withdrawal of an application by MatlinPatterson Global Opportunities Partners LP for interim orders restraining Glencore from acquiring Anaconda Rights. The decision was based on undertakings given by MP Global and Glencore to the Panel that neither would acquire Anaconda Rights other than under a full offer for all of the Anaconda Rights.