PPRuNe Forums - Patrick accepts Toll takeover

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Snowballs

14th Apr 2006 04:27

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.

WangFunk

14th Apr 2006 05:18

....Its about bloody time:ok:

assymetric

14th Apr 2006 08:49

So? Where to from here?

:confused: :confused: :confused: :confused:

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