Paul Little
Paul Little
anyone bid business few hearing inside last rival seriously taking work
From the work we've done over the last few days, from inside Patrick, we're not hearing anything about anyone taking a rival bid seriously and we're getting on with the business of making the takeover happen.
across asia believe chain customers good grow inside integrated model offer opportunity supply toll
For us, Asia has been an opportunity to grow our business. We believe we've got a very good model inside Toll to offer customers an integrated supply chain capability. We don't think that has been serviced very well right across Asia.
agree chance inside lands price strike
If you are saying, is there more chance of a recommendation if the strike price lands inside the valuation range, I would agree with you, there is.
belief decision join judge jury particular spoken supportive top
We have spoken to our top shareholders who are very supportive of our decision and in particular join us with the belief that the ACCC should not be judge and jury in this matter.
believe bid clearly contain deal enthusiasm lost needs none
We've lost none of our enthusiasm for the Patrick deal but clearly it needs to be restructured. We believe any restructured bid would need to contain more cash.
asking figure frustrated god presence trying
I was frustrated out of my mind, trying to figure out the will of God. I was doing everything but getting into the presence of God and asking Him to show me.
acquire against bid itself reason sees toll
Toll sees no reason to bid against itself to acquire Patrick. Toll will not overpay for Patrick.
committed merger proposed remains toll
Toll remains committed to the proposed merger of the Toll and Patrick businesses.
against believe case decide strong
Should the ACCC decide to take a case against us, we believe that we have a very strong case.
full move
This was a move about getting a unanimous recommendation from the Patrick board. It's a full price.
hurry leave
We're not in a hurry to do anything. We're going to pretty much leave it as is for now.
acquire ambitious asia businesses win
We have been ambitious to acquire in Asia and also to try and win new businesses up here.
business entry good major move operator rail welcome
We welcome their entry as a major operator into the rail line-haul business ... I think it's a good move for them and probably good for the industry.
far financial outcome sale simpler sort type ways
It's probably far simpler in many ways to see some sort of financial institution, or that type of outcome to the sale process.