National Foods Limited 02 - Panel Receives Application
The Takeovers Panel (Panel) advises that it has received an application dated 5 April 2005 from Yoplait SAS (Yoplait) and Sodima SAS (Sodima) under subsection 656A(2) of the Corporations Act (Application). The Application seeks review of a decision of the Australian Securities and Investments Commission (ASIC) dated 1 April 2005 not to grant Yoplait and Sodima an exemption from, or modification to, subsection 671B(4) of the Corporations Act (ASIC Decision).