PRK patrick corporation limited

PRK - Buys Ansett Handling

  1. 730 Posts.
    On its way to $18.00


    PATRICK CORPORATION LIMITED 2002-04-26 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    Patrick Corporation advises that its offer for the Ansett
    International Cargo Handling Business has been accepted by the Ansett
    Administrators.

    The purchase is subject to a number of conditions precedent relating
    to the acquisition of leases, contract documentation and satisfactory
    terms in respect of employees transferring with the business.

    The Company is working towards the fulfilment of these conditions
    precedent and will make a further announcement at completion of the
    transaction.

    The purchase price is subject to confidentiality but is not
    significant in the context of Patrick's total assets.

    W Hara
    COMPANY SECRETARY

    Media contact:
    Felicity Moffatt
    0418 677 701
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.