Announced
Financials
Tags
Acquisition
railroads
Friendly
Pending
Single Bidder
Railroads
Minority
Australia
Private
Private Equity
Synopsis
MM Capital Partners, agreed to acquire 20% of shares in NRT, a company involving in rail PPP project in New South Wales in Australia, from Marubeni. Financial terms were not disclosed. Sydney Metro Northwest is the first stage of Australia’s biggest public transport project, and the project is the first fully automated metro in Australia. Sydney Metro Northwest opened to customers in May 2019 and NRT will undertake operations and maintenance of metro system for 15 years.
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