WebThe ACCC released a Statement of Issues on 31 March that identified concerns associated with the role of Palisade Investment Partners, which would have acquired 49% of Port of … WebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. The Port of Geelong is currently owned 50% by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield) and 50% by SAS Trustee Corporation.
ACCC grants wheat code exemptions at Geelong and Adelaide
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. 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% … exterior stair non slip treads
Transport on the agenda for ACCC as decision on Port of …
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 ... WebVictoria’s premier regional gateway. GeelongPort is a major driver of Victoria’s economy, managing over $7 billion of trade and supporting more than 1,800 jobs across the state. As Victoria’s second largest port, GeelongPort handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. About us. 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. exterior stair handrail wall mounted