Re: Finemores to merge with Toll

["avachat" <avachat@dingoblue.net.au>]

Seems that history is easily forgotten,
Tolls were in bed with FreightCorp with the intention of a joint purchase of
National Rail up until John Fahey
made the public announcement that State owned
Entities were not permitted to bid.
avachat.

John McCandless <johnmc@topend.com.au> wrote in message
3a91966b.0@news.topend.com.au">news:3a91966b.0@news.topend.com.au...
> Note for Qld subscribers:
>
> Toll owns QRX, and NQX......
>
>
> --
> John McCandless
> Cloncurry Qld Au
>
>
> > Finemores shareholders have finally agreed to a merger with Toll
Holdings.
> > The move takes effect from 2nd March.
> >
> > While it is called a merger, it is in effect a friendly takeover by
Toll.
> > Toll is keen to move more freight by rail, and the acquisition of
> Finemores
> > could see some of that traffic leave the troad, at least on trunk
routes.
> >
> > Cheers
> > David
> >
>
>