Namoi Cotton Limited – Panel Receives Application
The Panel has received an application from Louis Dreyfus Company Melbourne Holdings Pty Ltd (LDC) in relation to the affairs of Namoi Cotton Limited (ASX: NAM) (Namoi). Namoi is currently the subject of two competing off‑market takeover offers from LDC and Olam Agri Australia Pty Ltd (Olam).
Details of the application, as submitted by the applicant, are below.