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 cost countries effective footprint processes reduce scale
In logistics, big is beautiful. Scale is very important particularly where you've got infrastructure assets. So for us, it's about having the footprint across as many countries as possible. But it's also about having the scale to reduce processes and have a cost effective operation.
common common-sense prevail problem stage
At this stage it's, I believe, a very solvable problem ... and common sense should prevail there.
borne cost
This is a cost that will be borne by Patrick shareholders and not Toll.
anybody concept cut enjoying god happy heaven peers people shudder spots trying
Some people think that God peers over the balcony of heaven trying to find anybody who is enjoying life. And when He spots a happy person, He yells, ''Now cut that out!'' That concept of God should make us shudder because it's blasphemous!
believe exciting opportunity
This is an exciting opportunity that we believe is strategically compelling....
against believe case decide strong
Should the ACCC decide to take a case against us, we believe that we have a very strong case.
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.
allow behind border chain choice clearly confident main offer purpose service simple sitting supply
I'm confident now that the choice will be a simple one and will be clearly put. The main purpose sitting behind the acquisition of Patrick was to allow us to offer this cross- border supply chain service to our customers.
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.
hurry leave
We're not in a hurry to do anything. We're going to pretty much leave it as is for now.
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.
acquire ambitious asia businesses win
We have been ambitious to acquire in Asia and also to try and win new businesses up here.
full move
This was a move about getting a unanimous recommendation from the Patrick board. It's a full price.