Should the ACCC decide to take a case against us, we believe that we have a very strong case. |
Some people think that God peers over the balcony of heaven trying to find anybody who is enjoying life. And when He spots a happy person, He yells, ''Now cut that out!'' That concept of God should make us shudder because it's blasphemous! |
The combination of Toll and Patrick will create a unique and market leading integrated logistics provider in Australia and the Asian region. |
The Holy Spirit can't save saints or seats. If we don't know any non-Christians, how can we introduce them to the Savior? |
The outlook for the group is very positive. |
This is a cost that will be borne by Patrick shareholders and not Toll. |
This is an exciting opportunity that we believe is strategically compelling.... |
This was a move about getting a unanimous recommendation from the Patrick board. It's a full price. |
Today's acquisition proposal will deliver immediate value to both Patrick and Toll shareholders, ongoing benefits to all shareholders, create a truly world class transport and logistics company and gives Patrick shareholders a better structured, lower risk exposure to the aviation business. |
Toll remains committed to the proposed merger of the Toll and Patrick businesses. |
Toll sees no reason to bid against itself to acquire Patrick. Toll will not overpay for Patrick. |
We have been ambitious to acquire in Asia and also to try and win new businesses up here. |
We have spoken to our top shareholders who are very supportive of our decision and in particular join us with the belief that the ACCC should not be judge and jury in this matter. |
We welcome their entry as a major operator into the rail line-haul business ... I think it's a good move for them and probably good for the industry. |
We're not in a hurry to do anything. We're going to pretty much leave it as is for now. |