Appointment of Panel Members
The Panel welcomed the announcement by the Parliamentary Secretary to the Treasurer, Senator Ian Campbell, of the reappointment of members to the Takeovers Panel.
Austar United Communications - Application in Relation to Austar United Communications
The Panel advises that on 28 February 2003 it received an application in relation to the affairs of Austar United Communications Limited (Austar). The application is from a shareholder in Austar, Pondale Properties Pty Limited (Pondale).
Goodman Fielder 03 - Panel Publishes Reasons in Goodman Fielder 03 Application
The Takeovers Panel announces that it has published its reasons for declining to commence proceedings in an application concerning Burns Philp's takeover bid as it relates to the affairs of Goodman Fielder Ltd. The application was made by Goodman Fielder on 19 February 2003. The Panel announced its decision on 20 February 2003.
Goodman Fielder Limited 03
These are the Panel's reasons for declining to commence proceedings in response to an application by Goodman Fielder Ltd. in relation to the takeover bid by BPC1 Pty Ltd for Goodman Fielder.
Anaconda Nickel Limited 16 - Interim Orders Made in Relation to Anaconda 16 Application
The Panel advises that on Friday 21 February it made interim orders in relation to the Anaconda 16 application.
Anaconda Nickel Limited 16 & 17 - Application in Relation to Anaconda Nickel Limited
The Panel advises that it has received two further applications in relation to the affairs of Anaconda Nickel Limited (Anaconda).
Anaconda Nickel Limited 15 - Panel Receives Further Application in Relation to Anaconda
The Panel advises that on 20 February it received a further application from MatlinPatterson Global Opportunities Partners LP (MP Global) in relation to the affairs of Anaconda Nickel Limited (ANL).
Goodman Fielder 03 - Panel Declines to Commence Proceedings in Goodman Fielder Application
The Takeovers Panel announces that it has declined to commence proceedings in relation to an application in relation to Burns Philp's takeover bid as it relates to the affairs of Goodman Fielder Ltd. The application was made by Goodman Fielder on 19 February 2003.
Anaconda Nickel Limited 13 - Panel Allows MP Global to Extend Offer for Anaconda Rights Until 2.00 P.M. EST
The Panel advises that it has agreed to a variation of the undertaking given to it by MatlinPatterson Global Opportunities Partners LP (MP Global) in the Anaconda 08 and 09 proceedings.
Anaconda Nickel Limited 12 - Panel Affirms ASIC Decision in Anaconda 12
The Panel advises that it has affirmed a decision by ASIC not to grant an exemption to MatlinPatterson Global Opportunities Partners LP (MP Global) in relation to its offer (the Rights Offer) to acquire rights (Rights) in Anaconda Nickel Ltd. MP Global had applied to ASIC for relief to allow it to exercise all of the Rights it acquires under its Rights Offer. Currently MP Global is limited in the number of Rights it may exercise by the percentage of shares it becomes entitled to under its offer for Anaconda shares at the time it exercises the Rights it acquires under its Rights Offer.