March 7 (Reuters) - Australian Government Takeovers Panel:
* Has declined to conduct proceedings on an application from Cimic Group Investments And Cimic Group Limited
* Concluded that there was no reasonable prospect that it would make a declaration of unacceptable circumstances
* Application in relation to the affairs of Macmahon Holdings Limited Source text for Eikon: ID:nASXxg1ys Further company coverage: CIM.AX