my thoughts, page-18

This won't be put to a vote.

There will be a bidder's statement issued sometime before 18 December 2009...I think the bid is conditional on 90% acceptances.

Indophil will then lodge a statement by target company.

This article

http://au.legalbusinessonline.com/news/breaking-news/indophil-provides-latest-sino-oz-mandate-for-manda-lawyers/38975

refers to the transfer of 19.9% shareholding in Indophil by Xstrata to Zijin being subject to there being no higher bid.

"It (Xstrata) has entered into a pre-bid acceptance agreement with Zijin in the absence of a superior proposal".

I also see there is a $5m break fee payable to Zijin by Indophil in certain circumstances.