Hints and tips:
...“They are trying to match the new entrant’s service offering pre-emptively,” said Nigel Pittaway, a Sydney-based analyst at Citigroup....
...But as Citi’s Pittaway says, if the bidders raise their offer to A$6, “one wonders for how long Axa Asia Pacific would then be able to hold out.”...
...David Norgrove, chairman of the regulator, has long described the body as “a referee, not a judge”. Since its creation in April 2005, that position has held....
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