News: AIO Asciano says FIRB provides notice of no objection to acquisitions

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    July 27 (Reuters) - Asciano Ltd (AIO) :

    • Foreign Investment Review Board (firb) provided written notice that there are no objections under foreign acquisitions and takeovers act 1975
    • Intends to proceed to seek approval of scheme from supreme court of New South Wales at second court hearing to be held on 28 July
    • No objections to scheme of arrangement under which Australian Logistics Acquisition Investments will acquire Asciano, including Pacific National Business
 
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