Antitrust Antitrust

Pacific National's Aurizon deal to proceed, in painful court defeat for Australian regulator

By James Panichi
  • 06 May 2020 01:02
  • 06 May 2020 19:53

Pacific National’s acquisition of key rail infrastructure assets belonging to rival Aurizon is set to proceed, after an Australian court again reminded the country’s competition watchdog that on key decisions affecting mergers and acquisitions, judges don’t see eye-to-eye with regulators.

In a statement communicated in a telephone conference call, Federal Court of Australia

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