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BRIEF-Austalian Watchdog Says Federal Court Ordered Aurizon Holdings From Closing Queensland Intermodal Business

Published 13/08/2018, 12:19 pm
© Reuters.  BRIEF-Austalian Watchdog Says Federal Court Ordered Aurizon Holdings From Closing Queensland Intermodal Business
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Aug 13 (Reuters) - Aurizon Holdings Ltd AZJ.AX :

* FEDERAL COURT ORDERED AURIZON TO CONTINUE OPERATING ITS QUEENSLAND INTERMODAL BUSINESS WHILE ACCC'S CASE AGAINST PACIFIC NATIONAL & CO IS HEARD AND DETERMINED

* ACCC ALLEGES PACIFIC NATIONAL'S PROPOSED BUY OF AURIZON'S QUEENSLAND INTERMODAL BUSINESS & ACACIA RIDGE TERMINAL WOULD LIKELY LESSEN COMPETITION

* ACCC ALLEGES AGREEMENT FOR PACIFIC NATIONAL TO OPERATE INTERSTATE SIDE OF ACACIA RIDGE TERMINAL, WOULD LIKELY SUBSTANTIALLY LESSEN COMPETITION Source: https:// Further company coverage: AZJ.AX

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