Subscribe to RSS feedAsciano weighs sale options
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Obsidian
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last modified
Mar 19, 2009 12:00 AM
Either the Pacific National coal division or Patrick Stevedores could be sold by June as parent company Asciano looks to ease its considerable debt burden.
The pair represent Asciano's two biggest assets one is its most capital-intensive and the other its most recognised brand but the group confirmed this week that it was considering selling one but not the other.
The mood has darkened since...
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