AIO 0.00% $9.13 asciano limited

who is this smart operator?, page-3

  1. 6 Posts.
    AIO is run by a TOLL board, chaired by Lyttle. Chris Corrigan sold his Patrick Ports and Rail business (which comprises AIO now) to TOLL in 2007.
    Made a motza on the deal, holidayed in europe for a few months then came back and bought the opposition company from P&O.

    Both Corrigan and Lyttle a re shrewd businessmen, only Corrigan was the investment banker (one time Macquarie).

    AIO is one half of a primary industry duopoly, so a good reliable earner, tis a pity they're not cashed up to buy the Brisbane Port infrastructure also.
 
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