Chris Corrigan
Chris Corrigan
Chris Corriganis an Australian businessman. He was the Managing Director of the Patrick Corporation until it was taken over in 2006...
business people road
We don't need to dilute, or as some people say pollute, by merging our business with a road freight-forwarding business,
business thinking years
I think the most important CEO task is defining the course that the business will take over the next five or so years. You have to have the ability to see what the business environment might be like a long way out, not just over the coming months. You need to be able to both set a broad direction, and also to take particular decisions along the way that make that broad direction unfold correctly.
business mistake needs
You can't overestimate the need to plan and prepare. In most of the mistakes I've made, there has been this common theme of inadequate planning beforehand. You really can't over-prepare in business!
business reality thinking
I'm a firm believer that to really understand a business takes years, not months. As an investment analyst you think you understand a business from the outside, but the reality is that, once you are inside, you can go on learning for five or ten years.
based believes board businesses far greater growth medium prospects relative strongly superior toll
The Board strongly believes that, based on this offer, Patrick shareholders are better off without Toll in the medium and long term. Patrick has far superior businesses and significantly greater growth prospects relative to Toll.
bid businesses interest offers poorly structured toll
The bid is ill-conceived, poorly structured and offers Patrick shareholders a diluted interest in the high-quality businesses Toll wants.
broken business opinion pacific poor relation trust turns
I've got a very poor opinion as it turns out now, because we've been stitched up in the transaction in relation to Pacific National, which has really broken down the trust that I would have in a business partner,
decided involved
We had a look at it and decided it wasn't something we wanted to be involved in.
might suspect
I suspect it might be a while getting a suitable candidate.
billion charge people worry
I worry about those people (Toll) being in charge of $10 billion (combined) company,
richard sort
Well, Richard always is a colourful sort of sideshow, isn't he.
approval board line themselves toll
Toll have effectively negotiated with themselves a transaction which is not in line with the board approval that was given,
carried contract exclusive gives itself national pacific rights toll
Toll has negotiated for itself a 20-year contract which gives it exclusive rights to all of the freight carried by Pacific National in Queensland,
blue pay richard toll
Toll can pay more, Richard Branson can pay more and the Virgin Blue in specie distribution can be monetised.