TP02/070

Panel Publishes Reasons for Two Decisions in Relation to Colonial First State Property Trust Group

The Takeovers Panel advises that it has published the reasons for its decisions in relation to the second and third applications in relation to the Colonial First State Property Trust Group (Colonial).

Colonial 02

The application was made on 23 September 2002 and it sought urgent interim orders to restrain dispatch of the bidder's statement in Mirvac Funds Limited's takeover bid for the Colonial Funds.

The Panel considered the issues and on 23 September 2002 the Panel declined the application.

Colonial 03