Port of geelong accc

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August undefined, 2024

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 … WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could …

Transport on the agenda for ACCC as decision on Port of …

WebAug 26, 2024 · Port of Geelong Summary A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC ) and the Diversified … 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 … litex birch grove

ACCC proposes to grant exemption to Port of Portland

WebMar 31, 2024 · The proposed acquisition, according to the Australian Competition & Consumer Commission (ACCC) will therefore lead to minority common ownership between the Port of Geelong and Port of Portland. “For future large port users, there are very few bulk port options in Victoria,” said ACCC Commissioner, Stephen Ridgeway. 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 ... WebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, and is currently owned 50pc each by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield), and SAS Trustee Corporation. The Port of Portland is a diversified bulk commodity, deep water port in south-west Victoria. imposing annual leave

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

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

WebJul 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. imposing greatness crossword clueWebApr 4, 2024 · ACCC raises concerns over Port of Geelong acquisition. accc. 31 Mar. Written By Julie Clarke. The ACCC has issued a Statement of Issues outlining preliminary … imposing force

"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... " - Port of geelong accc

Port of geelong accc

Troubled waters for Ports deal signals increased ACCC scrutiny of

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 WebJun 7, 2024 · The Australian Competition and Consumer Commission (ACCC) will decide this week whether Sydney-based fund manager Palisade Investment can control over 50% …

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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. WebMar 31, 2024 · The port of Geelong is half-owned by Linx Cargo Care and Infrastructure Investment Corporation (managed by Canada’s Brookfield group) with the other half …

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] WebThe 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 …

WebSep 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. 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 …

WebNov 29, 2024 · GeelongPort is Victoria’s second largest port and handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. GeelongPort sale The sale of GeelongPort on November 20 to investment firm, Stonepeak, and industry super fund, Spirit Super, could also provide added certainty for Midway’s grain-terminal proposal.

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. imposing a corrective tax in a marketWebJan 19, 2024 · Naturally ACCC is keen on knowing if the deal would affect service prices, service levels or stevedore services. ... Port of Portland is 290 km west of Geelong and 356 km from Port of Melbourne ... imposing a misleading beliefWebMar 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 … litewtsneopost.comWebAug 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. imposing a binding price ceilingWebAug 26, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria. The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. It handles approximately 40 per cent of Victoria’s bulk cargo and is Victoria’s largest bulk commodity port. imposing on crosswordWebFeb 14, 2024 · THE Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to grant Port of Portland Pty Ltd (POPL) exempt service provider status. This is in relation to POPL being a bulk exporter of grain under the Port Terminal Access (Bulk Wheat) Code of Conduct. imposing harsher sentencesWebSep 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 litex fan switch