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Article: SIR RICHARD BRANSON EYES VIRGIN BLUE RETURN TO THE FOLD.
- Article from:
- AsiaPulse News
- Article date:
- December 8, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Dec 8 Asia Pulse - Virgin Blue (ASX:VBA) founder Sir Richard Branson today said he was looking forward to getting his "baby" back upon a successful conclusion to Toll Holding's (ASX:TOL) $A4.6 billion ($US3.43 billion) takeover battle for Patrick Corp (ASX:PRK).
Sir Richard met with Toll chief executive Paul Little this morning and said he was very confident the hostile bid for stevedore Patrick, which has a controlling interest in Virgin Blue, would succeed.
"He knows most of what the (Australian Competition and Consumer Commission) are asking for and he feels he can deliver," Sir Richard said.
"I am confident that by the end of this ...