09 July 2009 Aus & New Zealand

GOVT TO TAKE BACK TASMANIAN RAILWAY

Rail and ports group Asciano Ltd has agreed to sell its Tasmanian rail business, Pacific National Tasmania (PNT), to the state government for A$32 million. Asciano says it will negotiate a sale agreement by the end of July, and that the business will be fully transferred by the end of November. Unti

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