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AUSTRALIA'S TOLL WILLING TO BRING IN 3RD PARTNER IN PATRICK BID.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
MELBOURNE, Feb 28 Asia Pulse - Transport group Toll Holdings Ltd (ASX:TOL) is willing to introduce a new partner to its rail operations and make other undertakings in a fresh attempt to win approval for its stalled $A4.6 billion ($US3.39 billion) hostile takeover bid for stevedore Patrick Corp Ltd (ASX:PRK).
Toll told Justice Ron Merkel of the Federal Court that it would file detailed undertakings with the court on Wednesday, which it said would allay the Australian Competition and Consumer...
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