Ann: ACCC will not oppose Transurban consortium WestConnex bid, page-2

  1. 1,502 Posts.
    lightbulb Created with Sketch. 1362
    Ouch.

    As discussed in previous threads, I do not see this as being a positive development.

    In the event of a successful bid, this would entail a new capital raise and/or stretching the balance sheet with new debt. It would also add significant operational risk at a time when five upgrade projects, plus the WGT construction, are already on the table.

    Accordingly, I am reducing my TCL holding on the news.
 
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