Subscribe to RSS feedPOTA-MCS deal 'dead', says ACCC
The sale of Sydney empty container park operator Maritime Container Services (MCS) to its rival, P&O Trans Australia (POTA), appears likely to be abandoned after yesterday's strong objection by the competition watchdog.
Serious concerns: ACCC chairman Graeme Samuel sees no way forward for MCS deal
The Australian Competition and Consumer Commission (ACCC) outlined "strong competition concerns" surrounding the deal, which would have reduced from three to two the number of empty container parks with rail access to Port Botany (see separate report).
ACCC chairman Graeme...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Ray Fehlberg, “supply chain champion,” passes away
- China’s coal and ore orders face default or delay
- Tassie exporters get a boost
- Tacoma box volumes up 4.3%
- ID Integrity safely towed to Cairns
- Titan Maritime begins removing Tycoon wreck
- Drought threatens next Australian grain harvest
