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Re: FreightCorp sale is official.




"David Bromage" <dbromage@fang.omni.com.au> wrote in message
HjDu5.16$H55.4337@news0.optus.net.au">news:HjDu5.16$H55.4337@news0.optus.net.au...
> 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?


For the first 5 years only, though I think it was ignored even during that
time.