Subscribe to RSS feedAsciano offloads Tasmanian rail assets for $32m
Asciano's exit from its loss-making Pacific National Tasmania rail business took a significant step forward yesterday with the Tasmanian government agreeing on a purchase price for the company's infrastructure and assets.
Graeme Sturges: Agreement on price
Asciano and the state government will now complete a business sale agreement by July 31, following the signing of a binding heads of agreement.
The handover is expected on November 30.
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