You're a Bunch of Factors

G'day , The Australian Foreign Investment Review Board has approved the sale of a Great Australian company " CSR " a Singapore based company .
This follows the sale of Golden Circle to USA , P&N to Japan

Lets hope the ACCC stops this madness

Quick question, should they stop Australian companies buying foreign companies?

Just sayin'

rcon wrote:Quick question, should they stop Australian companies buying foreign companies?

Just sayin'

When that company controls over 75% of all Australian sugar YES

Then the ACC obviously won't stop an overseas sale.

Maybe the FIRB might, but if the ACC has allowed one company to obtain 75% of the market, they aint going to start caring now.

rcon wrote:Then the ACC obviously won't stop an overseas sale.

Maybe the FIRB might, but if the ACC has allowed one company to obtain 75% of the market, they aint going to start caring now.

Re-Read OP

haha - good point. I'm not used to seeing it in full

What is the ACCC going to do about it?

Any relevant links?

Has too also be past by them , The 3rd stage of selling a big Aussie company .

even if it doesn't further consolidate the market? I was always under the impressing they upheld the trade practices act. I have been wrong before (or not read a post properly )

P & N ... great fizzy