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The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from Ventana Medical Systems, Inc. (Ventana) dated 3 October 2006 (see TP06/98).
These are the Panel’s reasons for declining to commence proceedings on an application from Ventana Medical Systems, Inc. in relation to the affairs of Vision Systems Limited.
The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from Orion Telecommunications Ltd (Orion) dated 3 July 2006 (see TP06/64).
These are the Panel’s reasons for deciding to make a declaration of unacceptable circumstances and orders in relation to the affairs of Orion Telecommunications Limited.
The Takeovers Panel (Panel) advises that it has declined to commence proceedings in response to an application (Application) received from Cytyc Victoria LLC (Cytyc) dated 4 October 2006 in relation to the affairs of Vision Systems Limited (Vision) (TP06/99).
The Takeovers Panel (Panel) advises that it has declined to commence proceedings in response to an application (Application) received from Ventana Medical Systems, Inc. (Ventana) dated 3 October 2006 in relation to the affairs of Vision Systems Limited (Vision) (TP06/98) and, in particular, pre-bid agreements entered into between Cytyc Victoria LLC (Cytyc), a bidder for Vision, and various shareholders of Vision to accept Cytyc' takeover offer in relation to 13.5% of Vision.
The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from GasNet Australia Investments Limited, GasNet Australia Limited (in its capacity as responsible entity of GasNet Australia Trust) and GasNet Australia Investments Trust (together GasNet) dated 11 July 2006 (see TP06/66).
These are the Panel's reasons for its decision to consent to GasNet Australia Investment Limited withdrawing its application to the Panel dated 11 July 2006. The application was for a declaration of unacceptable circumstances under section 657A and associated interim and final orders respectively under sections 657E and 657D.
The Takeovers Panel (Panel) advises that it has received an application dated 4 October 2006 (Application) from Cytyc Victoria LLC (Cytyc) in relation to the affairs of Vision Systems Limited (Vision).
The Takeovers Panel (Panel) advises that it has received an application dated 3 October 2006 (Application) from Ventana Medical Systems, Inc. (Ventana) in relation to the affairs of Vision Systems Limited (Vision).