Rinker Group Limited 02R - Panel Decision
The Takeovers Panel advises that it has made a declaration of unacceptable circumstances and proposes to make orders in relation to an application it received on 16 July 2007 from CEMEX Australia Pty Ltd (CEMEX). The application (Review Application) was made under section 657EA of the Corporations Act. The Review Application sought review of the decision of the Panel in the Rinker 02 proceedings to make a declaration of unacceptable circumstances and final orders in relation to an application it received on 13 June 2007 from the Australian Securities and Investments Commission (ASIC), concerning an off-market takeover bid (CEMEX Offer) by CEMEX for Rinker Group Limited (Rinker) and the affairs of Rinker.