WMC Resources Limited - Panel Publishes Reasons
The Takeovers Panel (the Panel) has today published the reasons for its decision in relation to an application from Xstrata Capital Holdings Pty Limited received on 12 January 2005 alleging unacceptable circumstances in relation to its takeover offer for all the shares in WMC Resources Limited and an additional application from WMC Resources received on 14 January 2005 alleging unacceptable circumstances in relation to the affairs of Xstrata Capital Holdings Pty Limited.