Panel Receives Application in Relation to Bid for Goodman Fielder

The Panel advises that it has today received an application from Goodman Fielder Ltd (Goodman Fielder) in relation to the proposed takeover bid for Goodman Fielder by BPC1 Pty Ltd (Burns Philp) (a subsidiary of Burns, Philp & Company Ltd). The application seeks a declaration of unacceptable circumstances, interim orders restraining the dispatch of the Burns Philp bidder's statement until the Panel has finally determined the application, and final orders in relation to various conditions proposed to be in the Burns Philp bid.