My view is a lot of OS companies look on Australia as a growth market. Japan Post taking Toll, Asahi owning a good proportion of OZ brewers.
Japan has a low birth rate hence little growth opportunities. A French company taking over CSR is easier than dealing with French unions. For growth to happen and less EU interference is a bonus. I would not be to pessimistic about the outcome just yet. I know it is sad to lose another Australian enterprise then again RM Williams was bought back from a French behemoth. Do not be to pessimistic.
Add to My Watchlist
What is My Watchlist?