July 19 (Reuters) - Australian Government Takeovers Panel:
- McAleese Limited panel declines to conduct proceedings
- Declined to conduct proceedings on an application dated 15 July 2016 from Havenfresh Pty Ltd
- Panel concluded there was no reasonable prospect that it would make a declaration of unacceptable circumstances
- Application concerned the proposed recapitalisation of McAleese announced on 7 June 2016
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