Announced
Completed
Financials
Sources
Tags
Acquisition
rail
Railroads
Majority
rail freight operator
Domestic
Australia
Private
Single Bidder
Friendly
Private Equity
Completed
Synopsis
Aurizon, a freight rail transport company, completed the acquisition of One Rail Australia, an Australian rail freight operator company, from investment companies MIRA and PGGM for $1.76bn. "The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio," Andrew Harding, Aurizon CEO.
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