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Port of geelong accc

WebApr 6, 2024 · There are worries that changes in the ownership of the Port of Geelong will cause competition issues in Victoria. THE AUSTRALIAN Competition and Consumer … WebSep 1, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria, located approximately 75km south-west of Melbourne. It is Victoria’s largest bulk commodity port, handling...

Deal off: Palisade, super funds walk from $1.2b Port of …

WebOct 18, 2024 · GeelongPort is the second largest port in Victoria and handles more than $7 billion worth of trade annually. GeelongPort Infrastructure Capital Group, which had joined … WebAug 30, 2024 · ACCC chair Gina Cass-Gottlieb said the agency was “concerned the common fund management and ownership interests between the Port of Geelong and the Port of Portland would reduce competition for ... how do you say toy in spanish https://paceyofficial.com

Spirit Super and Palisade Investment ... - accc.gov.au

WebSep 23, 2024 · The Port of Geelong is located on the shores of Corio Bay at Geelong, Victoria, Australia. The port is the sixth-largest in Australia by tonnage. [3] Major commodities handled by the port include crude oil and petroleum products, export grain and woodchips, alumina imports, and fertiliser. [4] WebNov 28, 2024 · The port of Geelong is a bulk commodity port in Victoria. It is Victoria’s largest bulk commodity port, handling approximately 40% of Victoria’s bulk freight, according to a September 1 note by legal firm Gilbert + Tobin. “The ACCC’s review was ongoing since the proposed acquisition was announced in January 2024, and had not yet reached ... WebSep 6, 2024 · A $1.2bn buyout of the GeelongPort by Spirit Super Palisade Consortium has been called off after concerns were raised by Australia’s competition watchdog. GeelongPort confirmed current owners, State Super and Brookfield, would continue to own the port while further options were considered. phone repair frederick md

ACCC flags competition concerns over Port of Geelong deal

Category:Geelong port acquisition concerns - Stock & Land

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Port of geelong accc

Plans for Geelong

WebApr 6, 2024 · THE AUSTRALIAN Competition and Consumer Commission has expressed concerns over the proposed sale of the Port of Geelong. Spirit Super and Palisade Consortium have launched a joint $1.2 billion bid to buy the port, with Spirit Super to hold a 51 per cent stake and Palisade 49pc. However, the ACCC has outlined potential … WebSep 23, 2024 · The Port of Geelong is located on the shores of Corio Bay at Geelong, Victoria, Australia. The port is the sixthlargest in Australia by tonnage. Major commodities handled by the port include crude oil and petroleum products, export grain and woodchips, alumina imports, and fertiliser. Major port in

Port of geelong accc

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WebApr 4, 2024 · The Port of Portland is a diversified bulk commodity, deep water port in south-west Victoria. It handles approximately 20% of Victoria’s bulk freight. By road, the Port of Portland is 290km west of the Port of the Geelong. ‘Dry bulk cargo’ includes commodities such as grain, woodchips, fertiliser, mineral sands and cement clinker. WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could …

WebApr 26, 2024 · VFF joins competition watchdog in expressing concerns about the sale of Geelong port. By Andrew Miller April 26 2024 - 6:00pm ACQUISITION CONCERNS: The Victorian Farmers Federation has raised concerns about the potential acquisition of the Port of Geelong by a consortium that has an interest in the port of Portland. WebJun 22, 2024 · The prudential and banking regulator chair has reassured the market around the strength and resilience of the Australian banking system in the wake of the collapse of Swiss investment banking firm Credit Suisse and Silicon Valley Bank in the US. Sharon Klyne March 29, 2024 POPULAR CONTENT Member engagement

WebSep 1, 2024 · The ACCC also noted that the Port of Geelong and the Port of Portland collectively handle over half of Victoria’s bulk cargo, with overlap in the grain, timber, … WebThe ACCC released a Statement of Issues on 31 March that identified concerns associated with the role of Palisade Investment Partners, which would have acquired 49% of Port of …

WebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. The Port of Geelong is currently owned 50% by a …

WebJul 26, 2024 · The Spirit Super-controlled bidding consortium for the Port of Geelong is set to change to clear concerns from the Australian Competition and Consumer Commission … phone repair fremont ohioWebAug 30, 2024 · The ACCC conducts merger reviews with the rigour warranted by the complexity and significance of a transaction." The Port of Geelong is a freehold diversified bulk commodity port in Victoria. It handles approximately 40% of Victoria's bulk cargo and is Victoria's largest bulk commodity port. how do you say trees in spanishWebMar 31, 2024 · ACCC to examine Port of Geelong sale By Andrew Miller Updated March 30 2024 - 8:45pm, first published 6:45pm The Port of Geelong Australia's competition … phone repair fredericksburgWebSep 7, 2024 · A $1.2 billion buyout of the GeelongPort by Spirit Super Palisade Consortium has been called off after concerns were raised by Australia’s competition watchdog. GeelongPort confirmed current owners, State Super and Brookfield, would continue to own the port while further options were considered. phone repair germantown aveWebJul 28, 2024 · “The ACCC considers that both Riordan and Semaphore will face significant competitive constraint, specifically from GrainCorp and Viterra,” ACCC commissioner Cristina Cifuentes said. “GrainCorp and Viterra are the dominant providers of bulk wheat port terminal services at the Port of Geelong and Port Adelaide respectively. how do you say tree in germanWebAug 26, 2024 · Port of Geelong Summary A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC ) and the Diversified … how do you say treasure in spanishWebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. The Port of Geelong is currently owned 50% by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield) and 50% by SAS Trustee Corporation. phone repair glenfield mall