This is good news for Aurizon.
"The High Court today rejected an application by the Australian Competition and Consumer Commission (ACCC)
that sought leave to appeal a decision by the Full Federal Court on the sale of Aurizon’s Acacia Ridge Terminal
(the Terminal) in Brisbane.
Following today’s rejection by the High Court, Aurizon is now able to progress the $205 million sale of the terminal
to Pacific National, pending final approval by the Foreign Investment Review Board. "
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