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Patrick accepts Toll takeover

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Old 14th Apr 2006, 04:27
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Patrick accepts Toll takeover

Maybe the Oz Virgin overseas operation will now take off:

Australia's dominant port operator, Patrick Corp, has accepted a takeover bid from Toll Holdings.
After an 18-month battle, involving the Federal Court and the ACCC, Toll Holdings and Patrick have struck a deal.

Etc Etc ...... see ABC news

The Virgin Group has already expressed an interest in buying back Patrick's share of airline Virgin Blue from Toll.
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Old 14th Apr 2006, 05:18
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....Its about bloody time
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Old 14th Apr 2006, 08:49
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So? Where to from here?

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