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Oct 22, 2021

Aurizon to swallow One Rail in $2.35b deal

Aurizon to swallow One Rail in $2.35b deal

Rail freight operator Aurizon plans to acquire One Rail Australia for $2.35 billion, but will divest the target’s east coast coal haulage business. ORA comprises bulk rail haulage and general freight assets in South Australia and the Northern Territory; the 2200km Tarcoola-to-Darwin railway line; and a haulage business in New South Wales’ Hunter Valley and…

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