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Aurizon to sell ECR unit for $285 million to ease competition concerns

Aurizon Holdings, Australia s largest rail freight operator, said on Friday it will sell its East Coast Rail business to Magnetic Rail Group for A$425 million in cash. . | December 15, 2022 ....

New South Wales , Navya Mittal , Shinjini Ganguli , Andrew Harding , Magnetic Rail Group , One Rail Australia , Managing Director , Chief Executive Officer Andrew , Oaktree Capital Management , Aurizon Holdings Limited Stock Exchange , Press Release , N Azj Au000000azj1 ,

Aurizon acquires One Rail Australia for $2.35bn

Aurizon’s $2. 35 billion acquisition of One Rail Australia was financed by a syndicate of lenders led by Gilbert + Tobin. Gilbert and Tobin has helped Australian freight rail transport firm Aurizon ....

John Edmunds , Simon Lynch , Abby Mcintosh , Keonia Cole , John Schembri , Rachel Jones , One Rail Australia , Zone Rail , Christian Smolders ,

European equity funds return to positive territory

Investors put €1.3bn into equity funds in April, returning to positive territory after March redemptions.
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Short Interest in Aurizon Holdings Limited (OTCMKTS:QRNNF) Drops By 47.5%

Aurizon Holdings Limited (OTCMKTS:QRNNF – Get Rating) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 1,761,500 shares, a decline of 47.5% from the February 13th total of 3,357,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. […] ....

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