Incoming Transurban chief executive Michelle Jablko faces a more difficult task expanding the tollroad group after the competition watchdog blocked it from buying Melbourne’s EastLink motorway.
The decision, which was not expected by Transurban or its investors, is the first time that the company has been prevented from acquiring a local road.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
