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TOLL HOLDINGS SELLS RAIL OPERATOR LEASE TO VICTORIAN GOVT.
AsiaPulse News
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November 01, 2006 |
COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
MELBOURNE, Nov 1 Asia Pulse - Transport group Toll Holdings Ltd's (ASX:TOL) rail operator, Pacific National, has sold back its lease of the Victorian regional rail network to the Victorian government for $A133.8 million ($US103.43 million).
Pacific National said the price approximated book value.
"Over the past two years, Pacific National has maintained the integrity and safety of the ...
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Source: HighBeam Research, TOLL HOLDINGS SELLS RAIL OPERATOR LEASE TO VICTORIAN GOVT.