The losers are obviously Patrick and Toll shareholders today. The winner is anyone interested in buying a ports business, and there's obviously a lot of interest in ports. You see that with the very aggressive bidding for the PO business.
More Quotes from George Clapham:
It is going to present some challenges. They are probably the only natural trade buyer for the business, so the market is saying, yes, it is good, but there are these issues.George Clapham
The dynamics of the industry are quite attractive at the moment with expanding commodity production, and they are also exposed to construction and quarrying which has been growing in North America.
George Clapham
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He has no enemies, but is intensely disliked by his friends.
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That was the problem with reading: you always had to pick up again at the very thing that had made you stop reading the day before.
Nicholson Baker