Opinion
Mitsui moves to front seat in Australian gas
Matthew StevensColumnistThe idea that Mitsui could or would be squeezed into surrendering the opportunity to operate the major Western Australian gas project that arrives with its now successful $602 million bid for AWE Limited is, quite frankly, risible.
As the sliding doors of the Australian gas industry close on AWE with Mitsui's move to firm control, there has been occasional speculation that Seven Group might attempt to gather dissidents enough to stand between Japan Inc and the compulsory acquisition threshold of 90 per cent.
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