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The Takeovers Panel today published the reasons for its decision on an application dated 27 February 2009 from Noble Group Limited, in relation to the affairs of Gloucester Coal Limited.
The Panel has made final orders following its declaration of unacceptable circumstances in response to an application dated 27 February 2009 from Noble Group Limited.
The Takeovers Panel has received applications from Gloucester Coal Limited and Whitehaven Coal Limited seeking a review of the Panel's decision in Gloucester Coal Limited 01.
The review Panel, Kevin McCann AM (sitting president), Hamish Douglass and Catherine Brenner declined to make a declaration of unacceptable circumstances in relation to the affairs of IAS. The review Panel agreed with the conclusion of the initial Panel that the term of the standstill arrangement appeared commercially justifiable and that Centrebet had not established that it should be released from the standstill provisions of the Confidentiality Deed.
The Takeovers Panel today published the reasons for its decision on an application dated 17 February 2009 from Centrebet International Limited, in relation to the affairs of International All Sports Limited.
The Panel has decided not to make a declaration of unacceptable circumstances in response to the review application dated 17 February 2009 from Centrebet International Limited.