July 21 (Reuters) - Australian Competition & Consumer Commission (ACCC):
- Will not oppose acquisition of Asciano
- Concluded there is not likely to be a substantial lessening of competition in any market
- Will not oppose proposed acquisition of Asciano by a consortium comprising Qube, Brookfield infrastructure partners
- Parties have restructured proposed acquisition so that ACFS will no longer be vertically aligned with Patrick
- Effect of proposed acquisition is substitution of Qube for ACFS as downstream container logistics provider linked to Patrick
- Considered NSW ports has an incentive to limit any discrimination by Patrick container terminals in favour of Qube's interests
News: QUB Australian Competition & Consumer Commission will not oppose acquisition of Asciano
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Last
$3.95 |
Change
0.070(1.80%) |
Mkt cap ! $6.843B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.97 | $3.91 | $8.992M | 2.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 89428 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 39859 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| QUB (ASX) Chart |
