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- Toll sweetens bid for Patrick
- SYDNEY AFP — Australian transport and logistics group Toll Holdings sweetened its hostile takeover bid for rival Patrick Corp. by nearly a billion dollars to 5.49 billion dollars (3.96 billion US). Toll's new cash-and-scrip offer works out at 7.52 dollars per Patrick share and could rise to 7.82 dollars...
- Research articles 2006-03-21
- Hostile approach made for majority shareholder of Virgin Blue
- AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD A hostile takeover bid has been made for stevedoring firm Patrick Corp, the majority shareholder in Australian low-cost airline Virgin Blue. The bid by Australian transport company Toll Holdings Ltd values Patrick at AUD4.6bn. Toll has already acquired a 4.3% stake in...
- Research articles 2005-08-23
Additional Resources
- AUSTRALIA'S PATRICK CORP BLASTS MACQUARIE BANK OVER TERMINAL.
- BRISBANE, Nov 25 Asia Pulse - Patrick Corporation Ltd (ASX:PRK) chief executive Chris Corrigan believes Macquarie Bank Ltd's (ASX:MBL) handling of talks over the Ansett terminal were scurrilous. After a bitter six-month stand-off, Virgin Blue and its half owner Patrick Corp finalised its long-term access agreement to the...
- Research articles 2002-11-25
- VIRGIN BLUE A SERIOUS THREAT TO QANTAS FOLLOWING DEAL WITH PATRICK CORP.
- MELBOURNE, March 12 Asia Pulse - Virgin Blue today became a serious challenger to Qantas (ASX:QAN) after transport and logistics giant Patrick Corp took a 50 per cent stake in the cut price airline for $A260 million ($US134.81 million). MELBOURNE, March 12 Asia Pulse...
- Research articles 2002-03-12
- QANTAS, PATRICK CORP SET UP JV TO ACQUIRE MAINTENANCE FACILITY.
- SYDNEY, Sept 29 Asia Pulse - Qantas Airways Ltd (ASX:QAN) and Virgin Blue part-owner Patrick Corp Ltd (ASX:PRK) have formed a joint venture to acquire the former Ansett engine maintenance facility in Melbourne. SYDNEY, Sept 29 Asia Pulse - Qantas Airways Ltd (ASX:QAN) and...
- Research articles 2003-09-29
- AUSTRALIA'S PATRICK CORP BOOKS 95% JUMP IN H1 NET PROFIT.
- SYDNEY, May 13 Asia Pulse - Strong growth in its Ports division and a A$25 million (US$16 million) contribution from new acquisition Virgin Blue have helped transport and logistics group Patrick Corp Ltd (ASX:PRK) almost double its half year profit. SYDNEY, May 13 Asia Pulse...
- Research articles 2003-05-13
- AUSTRALIA'S PATRICK CORP BOOKS FY NET PROFIT RISE OF 46.7 PCT.
- MELBOURNE, Nov 20 Asia Pulse - Stevedoring and logistics group Patrick Corp Ltd (ASX:PRK) was careful about its outlook predictions after it yesterday booked a net profit for 2001/02 of $A102.4 million ($US57.1 million) - up 46.7 per cent. MELBOURNE, Nov 20 Asia Pulse...
- Research articles 2002-11-20
- QANTAS SHARES SLIDE FOLLOWING PATRICK CORP & VIRGIN BLUE DEAL.
- SYDNEY, March 12 Asia Pulse - Shares in Qantas Airways Ltd (ASX:QAN) slumped today following Patrick Corp's announcement it would take a half stake in Virgin Blue. SYDNEY, March 12 Asia Pulse - Shares in Qantas Airways Ltd (ASX:QAN) slumped today following Patrick Corp's...
- Research articles 2002-03-12
- VIRGIN BLUE AUSTRALIA SAYS PATRICK CORP NOT A HINDRANCE.
- SYDNEY, April 2 Asia Pulse - Discount airline Virgin Blue has downplayed a report that Sir Richard Branson and Patrick Corp Ltd are in a significant dispute over how they would float the airline. The Australian Financial Review yesterday reported Patrick chief executive Chris Corrigan had refused a...
- Research articles 2003-04-02
- AUSTRALIA'S PATRICK BOOKS US$109 MLN NET PROFIT IN YR ENDING SEP.
- SYDNEY, Nov 19 Asia Pulse - Patrick Corp Ltd (ASX:PRK) today said it expects good growth from all divisions in the current financial year. SYDNEY, Nov 19 Asia Pulse - Patrick Corp Ltd (ASX:PRK) today said it expects good growth from all divisions in...
- Research articles 2003-11-19
- Virgin fares must change, says Corrigan.(Chris Corrigan of Patrick Corp. on Virgin Blue Airlines's pricing model)(Brief Article)
- Feb 03, 2005 (The Sydney Morning Herald - ABIX via COMTEX) Patrick Corporation CEO, Chris Corrigan, has voiced his support for the business model of Virgin Blue Airlines. Patrick is offering $A1.90-a-share for each Virgin share it does not own. According to Corrigan, Patrick...
- Research articles 2005-02-03
- Intentions for Virgin still cloudy.(Chris Corrigan of Patrick Corp. says Virgin Blue Airlines business model is good)(Brief Article)
- Feb 03, 2005 (The Age - ABIX via COMTEX) Patrick Corporation CEO, Chris Corrigan, has voiced his support for the business model of Virgin Blue Airlines. Patrick is offering $A1.90-a-share for each Virgin share it does not own. According to Corrigan, Patrick does not...
- Research articles 2005-02-03
- Toll goes to court to bar rival Macquarie tilt at Patrick
- SYDNEY AFP — Transport and logistics group Toll Holdings has begun court action against takeover target Patrick Corp in a bid to thwart a rival bid for the ports operator led by investment bank Macquarie. Toll said it was also launching legal action against Patrick Corp chief executive Chris...
- Research articles 2006-05-08
- Virgin Blue battle still up in the air.(Patrick Corp. and Virgin Group PLC's takeover bid for Virgin Blue Airlines)(Brief Article)
- Feb 01, 2005 (The Sydney Morning Herald - ABIX via COMTEX) Confusion surrounds Patrick Corporation's takeover bid for discount Australian airline Virgin Blue. Patrick's offer is $A1.90 per share, but Virgin Group's Sir Richard Branson claims that it is $A2.06. Minority shareholders do not...
- Research articles 2005-02-02
- Patrick flies low for rest of Virgin Blue.(Virgin Blue Airlines, Patrick Corp.)(Brief Article)
- Jan 30, 2005 (The Daily Telegraph - ABIX via COMTEX) Australian-listed Patrick Corporation has launched a takeover bid for Virgin Blue. Patrick is offering $A1.90 per share, compared with the airline's closing price of $A1.80 on 27 January 2005. Virgin Blue shares closed at...
- Research articles 2005-01-30
- Patrick makes $2bn grab for Virgin.(Virgin Blue Airlines, Patrick Corp.)(Brief Article)
- Jan 30, 2005 (The Courier-Mail - ABIX via COMTEX) Australian transport company, Patrick Corporation, has made a takeover offer for airline, Virgin Blue. Patrick owns 45.4 per cent of Virgin Blue. It has made an offer of $A1.90 a share for the rest of the...
- Research articles 2005-01-30
- Patrick bid for Virgin control.(Patrick Corp., Virgin Blue Airlines)(Brief Article)
- Jan 30, 2005 (The Australian - ABIX via COMTEX) Australian logistics company, Patrick Corporation, wants to gain control of airline, Virgin Blue. Patrick has a 45.4 per cent holding in the airline. It has made an offer of $A1.90 a share. Virgin Blue Holdings...
- Research articles 2005-01-30
- Patrick makes $2b bid for Virgin Blue - Attack from within hits embattled discount airline.(Patrick Corp. to acquire Virgin Blue Airlines)(Brief Article)
- Jan 30, 2005 (The Mercury - ABIX via COMTEX) Australian-listed Patrick Corporation has launched a takeover bid for Virgin Blue. Patrick is offering $A1.90 per share, compared with the airline's closing price of $A1.80 on 27 January 2005. Virgin Blue shares closed at $A2.08...
- Research articles 2005-01-30
- Patrick swoops on Virgin.(Patrick Corp. to acquire Virgin Blue Airlines)(Brief Article)
- Jan 30, 2005 (Herald Sun - ABIX via COMTEX) Australian-listed Patrick Corporation has launched a takeover bid for Virgin Blue. Patrick is offering $A1.90 per share, compared with the airline's closing price of $A1.80 on 27 January 2005. Virgin Blue shares closed at $A2.08...
- Research articles 2005-01-30
- Patrick bids for more of Virgin.(Patrick Corp.)(Virgin Blue Airlines)(Brief Article)
- Jan 30, 2005 (The Advertiser - ABIX via COMTEX) Australian-listed Patrick Corporation has launched a takeover bid for Virgin Blue. Patrick is offering $A1.90 per share, compared with the airline's closing price of $A1.80 on 27 January 2005. Virgin Blue shares closed at $A2.08...
- Research articles 2005-01-30
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