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International Investing / Australia (All-Ordinaries)


Subject:  Re: Eisa - Had a looksee ? Date:  2/13/2000  5:24 PM
Author:  dotterel Number:  1111 of 6186

A word of caution on the valuation if you are including the purchase of Ozemail, the ACCC which is Australia's competition watchdog and is notorious for preventing purchases even when it makes sense (eg the Wills and Rothmans merger was approved all over the world by regulators, however the ACCC refused to allow them to merge in Australia) has stated that the purchase may be anticompetitive (an initial statement only) and they may not approve it.
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