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Re: FreightCorp sale is official.



T & J Jones (jonest@senet.com.au) wrote:
> Apparently the NSW government wants to sell FC to the same bidder as NR.

That could be seen as anti-competitive, especially if the NR sale is
completed first. Having secured NR, the winning bidder could conceivably
bid for FC at much less than its actual value.

Incidentally, didn't NR's charter preclude it from carrying intrastate
freight?

Cheers
David