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But he said the company should complete the takeover before the new deadline of 16 April.
Unless a counterbid is made, possibly by a major gold mining company, Xstrata should be able to complete the takeover even without Lonmin's approval, Mr. Toyne said.
GFH Capital, a subsidiary of Bahrain's investment bank Gulf Finance House, is expected to complete the takeover in December after a one-month transitional period.
Motorola does not need Next Level's approval to complete the takeover, said J. Michael Norris, the chairman and chief executive of Next Level.
The ruling by the Competition and Markets Authority gives Poundland the all-clear to complete the takeover more than six months after it was announced.
The lawsuit punctuates the 18-month struggle to complete the takeover, at a time when the credit squeeze has disrupted the private equity world.
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Wasps have completed the takeover of the Ricoh Arena.
On Thursday, Alibaba was completing the takeover of its publicly traded subsidiary, Alibaba.com.
The Pakistan-born Khan, 62, a billionaire car-parts manufacturer who also owns the Jacksonville Jaguars N.F.L. franchise, completed the takeover of the club from Mohamed-Al Fayed on Friday.
Despite the disruption at the hotel, Mr. Smith expressed satisfaction at completing the takeover today, and he said that South Korea "is a market we need to be in".
His allies say his departure was always just a matter of time: once a firm buys another, it completes the takeover by putting its own people in charge.
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