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Article: Sale of $700m ASC stake stalls.
- Article from:
- Australasian Business Intelligence
- Article date:
- April 27, 2008
CopyrightCOPYRIGHT 2008 News provided by Comtex. 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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Byline: John Kerin
Apr 27, 2008 (The Australian Financial Review - ABIX via COMTEX) -- A number of factors may hinder the upcoming sale of a $A700 million stake in ASC Pty Ltd. The global credit crisis will be the defining deterrence, with the Australian Government concerned that the price of the shipbuilding company could fall if the sale lingers. A defence analyst has also warned that the mix of international technologies could pose problems regarding intellectual property.
Publication Date: 28 April 2008
ASC ...